A former official of the Greek branch of the German engineering giant Siemens is suspected of fleeing the country to avoid a bribery scandal. Greek officials are expected to file an international arrest warrant.
Prosecutors are working to determine the facts behind Jung's disappearance
Greek prosecutors are poised to issue an international arrest warrant for a former Siemens executive involved in a bribery scandal.
Volker Jung is suspected of skipping bail and fleeing the country. The 71 year-old Jung did not report to police at the start of November as he was required to under bail conditions in effect since 2008.
Jung allegedly oversaw a slush fund used by Siemens to bribe Greek politicians into securing telecommunications contracts.
The German national, who lived on the Greek Aegean island of Paros, would be the third Siemens executive to have fled the country in the ongoing investigation into the firm's business practices.
An old scandal
Another high-ranking Siemens executive, Michalis Christoforakos, was arrested in Germany in June 2009 after fleeing Greece. Germany refused to extradite him.
Christos Karavelas, a former financial manager, fled Greece a month later and remains at large.
In 2008, the Munich-based engineering giant agreed to pay one of the largest corporate corruption fines in recent history, paying totalling about one billion euros, ($1.23 billion) to US and German authorities after widespreade corruption was brought to light.
Author: Sarah Harman (dpa, AFP)
Editor: Chuck Penfold
Aldi co-founder Karl Albrecht has died at the age of 94. The billionaire discount supermarket tycoon was believed to be the richest person in Germany.
Rebecca Harms, co-chairwoman of the Greens in the European Parliament, believes the separatists were behind the shooting down of flight MH17. She also calls for international control of the Ukrainian-Russian border.
German experts will be involved in the process of clearing up the details of the Ukraine plane crash. Jens Friedemann from the German Federal Bureau of Aircraft Accident Investigation lays out the various challenges.
It's 30 degrees in the shade - in Thuringia, people are dancing, listening to sound experimenters at work and then cooling off in the lake. Melt is an electronic music festival in a unique setting.