A former Siemens AG executive pleaded guilty Thursday to conspiring to pay tens of millions of dollars in bribes to Argentine government officials for a $1 billion contract to create national identity cards.… Continue Reading
The former chief financial officer of Siemens S.A. – Argentina pleaded guilty Wednesday in federal court in New York City to conspiring to pay tens of millions of dollars in bribes to Argentina government officials in connection with a $1 billion contract to create national identity cards.… Continue Reading
At a hearing last week before a federal judge in Argentina, Siemens’ former CFO there said a request by the United States to extradite him on FCPA charges should be denied.… Continue Reading
In December last year, the DOJ and SEC charged eight former executives and agents from Siemens with bribing government officials in Argentina.
‘Over the course of the bribery scheme,’ the SEC said, ‘over $100 million in bribes were paid.’… Continue Reading