Lessons from the massive Siemens corruption scandal one …
WEBDec 13, 2018 · Ten years ago a colossal corruption scandal involving Siemens, one of the world’s largest electrical engineering companies, shocked the world. The scale of it marked it out as the biggest ...
At Siemens, Bribery Was Just a Line Item - The New York Times
WEBDec 20, 2008 · In its settlement last week with the Justice Department and the Securities and Exchange Commission, Siemens pleaded guilty to violating accounting provisions of the Foreign Corrupt...
Eight Former Senior Executives and Agents of Siemens …
WEBDec 13, 2011 · WASHINGTON – Eight former executives and agents of Siemens AG and its subsidiaries have been charged for allegedly engaging in a decade-long scheme to bribe senior Argentine government officials to secure, implement and enforce a $1 billion contract with the Argentine government to produce national …
SEC Charges Siemens AG for Engaging in Worldwide Bribery
WEBThe SEC alleges that Siemens paid bribes on such widespread transactions as the design and construction of metro transit lines in Venezuela, power plants in Israel, and refineries in Mexico.
The CEO of Siemens on Using a Scandal to Drive Change
WEBAfter a global bribery investigation that lasted several years, the CEO of Siemens was asked to resign in 2007, and Löscher, then the president of Merck, was brought in to replace him.
Siemens AG and Three Subsidiaries Plead Guilty to Foreign …
WEBDec 15, 2008 · WASHINGTON – Siemens Aktiengesellschaft (Siemens AG), a German corporation, and three of its subsidiaries today pleaded guilty to violations of and charges related to the Foreign Corrupt Practices Act (FCPA), the Department of Justice and U.S. Securities and Exchange Commission announced.
Office of Public Affairs | Former Siemens Executive Pleads Guilty …
WEBMar 15, 2018 · Reichert pleaded guilty today in the Southern District of New York to one count of conspiring to violate the anti-bribery, internal controls and books and records provisions of the Foreign Corrupt Practices Act (FCPA) and to commit wire fraud.
Siemens to pay €1bn fines to close bribery scandal - Financial Times
WEBDec 15, 2008 · Siemens drew a line under its massive bribery scandal on Monday when it said it would pay €1bn ($1.36bn) in fines to US and German authorities and appointed an independent watchdog to monitor...
SEC Charges Seven Former Siemens Executives with Bribing Leaders …
WEBDec 13, 2011 · In August 2009, after settling bribery charges with the U.S. and Germany, Siemens waived the arbitration award. The SEC complaint alleges that Bock, Regendantz, Sergi, Sharef, Signer, Steffen, and Truppel each violated Section 30A of the Securities Exchange Act of 1934, and aided and abetted Siemens' violations of Section 30A.
Slammed for bribery, Siemens continued to ignore red flags
WEBGerman engineering giant Siemens ignored some of its own red flags for foreign bribery in the aftermath of a major corruption scandal in 2008, according to newly released reports by an independent monitor and other confidential documents.