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Ethics

: Ethisphere Blog - Good. Smart. Business. Profit.

Siemens Could be Fined up to 4 Billion Euros by U.S. SEC

By Ethisphere.com

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siemens
The European engineering firm Siemens just learned that it might be fined as much as ?4 billion (close to $6 billion) by the United States Securities and Exchange Commission as the result of a large bribery investigation that began in 2006. The number is about three times the amount of bribes that were uncovered coming from the company by the SEC and U.S. Department of Justice’s investigation. In other words, the two agencies have discovered (more…)

Full post as published by Ethisphere Blog - Good. Smart. Business. Profit. on January 21, 2008 (boomark / email).

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