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International Law

: International Trade Law News

Siemens Pays US$1.6 Billion to Settle U.S. and German Anti-Corruption Charges

By Douglas Jacobson

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Siemens AG announced today that legal proceedings against it arising from allegations of bribing public officials were concluded on the same day in Munich, Germany and in Washington, DC and that the company will pay total fines and penalties of US$ 1.6 billion. In Washington, DC, Siemens today...

This is a summary of the article. Click on the above link or visit www.tradelawnews.com to read the entire article.

Full post as published by International Trade Law News on December 15, 2008 (boomark / email).

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