Siemens woes deepen
Article Abstract:
Siemens AG of German is being investigated by German authorities for alleged fraud. The investigations of the electronics giant has uncovered 200 million Euros ($257 million) in suspicious deals, ten times the amount discovered last week. Six employees have been arrested.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
Siemens executive arrested
Article Abstract:
Executive Johannes Feldmayer, Siemens AG of Germany has been arrested for breach of trust. Mr. Feldmayer is accused of payouts to undermine the union IG Metall. Europe's largest engineering firm is currently being investigated for bribery.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
Siemens probes spur call to combine investigations
Article Abstract:
The Association of German Police Detectives has called for federal involvement in several ongoing investigations into corporate corruption at Siemens AG. The a llegations include organized crime and bribes made by Siemens AG employees.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Scania net soars as demand rises for heavy trucks. VW's stalled plan to combine truck businesses may help rivals
- Abstracts: India must face its SEZ reality. China should also invest more. India's foundation for growth
- Abstracts: 'Packers' shift salmon for world's largest canner. Trio from Canadian GRP specialist. Latest monoline keeps on coiling
- Abstracts: Latest monoline keeps on coiling. Cross-coast crabber's 6800-mile delivery trip. Icelandic yard's Greenland liner
- Abstracts: Boulogne yard's 25 metre trawler. Vivier cat carries huge load