Greek - American businessman Allain Kalogeros is facing many years' imprisonment after being found guilty by the courts for efforts of manipulation of bids involving millions of dollars from the State of New York.

The Finance ministry has released a document in the Greek parliament, about the exact sum of embezzled money returned to the state which will be used for high priority public fundings.

The deposition of Panos Efstathiou began Thursday with the 82 year arms rep naming officers implicated in dubious weapon system purchases.