Greek Siemens ex-chief's family arrested

June 2, 2009 at 3:15 PM
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ATHENS, Greece, June 2 (UPI) -- Greek police arrested the wife and two daughters of Hristos Karavelas, a former manager of Athens' Siemens branch, sought on graft charges, authorities said.

Greek prosecutors Tuesday began processing the three women on money laundering charges, the Greek radio-television ERT reported.

Former financial manager Karavelas of the German Siemens company's office in Greece reportedly fled the country last week after prosecutors accused him of corruption that included receiving bribes and money laundering in the 1990s.

Greek authorities issued a warrant to arrest Karavelas' third daughter, also accused of money laundering.

Karavelas' son is a minor and has not been indicted.

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