The 83-year-old arms dealer Panos Efstathiou for STN Atlas, who has been implicated in a major armament bribery scandal, has decided to cooperate with the investigators and promised to reveal details about the involvement of others who have yet to face charges.

According to his indictment, Efstathiou handed out at least 26 million euros in bribes to various government officials, with the former deputy director of armaments Antonis Kantas arguing that Mr. Efstathiou had a prominent role in the scandal and established multiple off-shores and bank accounts.

In his initial plea, Mr. Efstathiou claimed that he suffered from amnesia and as such could not remember what he had done with 18 million euros. The arms dealer claimed to have regained his memory, possibly due to the Judicial Council’s upcoming consideration on his detainment until trial.