German prosecutors are investigating 270 suspects as the Siemens corruption probe takes on an international dimension.
That is according to a press report to appear in the Sueddeutsche Zeitung on Monday. The paper added that the investigation, which was originally limited to Siemens' telecommunications section and subsequently extended to its electronics distribution arm, now extends to its transport and energy divisions. The German engineering company allegedly set up slush funds in Switzerland, Dubai and other financial havens in order to secure large foreign contracts. On Saturday, the former head of Siemens, Heinrich von Pierer, was fingered for the Ex-Siemens chief fingered in corruption probe ...
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Tensions at Siemens AGM as More Corruption Claims Emerge ... first time by a witness. Von Pierer has since denied the allegations.
(Deutsche Welle)
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