{"id":1028,"date":"2007-10-05T09:22:59","date_gmt":"2007-10-05T14:22:59","guid":{"rendered":"http:\/\/www.sequence-inc.com\/fraudfiles\/2007\/10\/05\/siemens-bribery-investigation-ends-with-a-fine\/"},"modified":"2012-04-30T21:34:58","modified_gmt":"2012-05-01T02:34:58","slug":"siemens-bribery-investigation-ends-with-a-fine","status":"publish","type":"post","link":"https:\/\/www.sequenceinc.com\/fraudfiles\/siemens-bribery-investigation-ends-with-a-fine\/","title":{"rendered":"Siemens Bribery Investigation Ends With a Fine"},"content":{"rendered":"<p>The investigation into bribery allegations at Siemens AG ends with a fine and a charge for illegal profits. The company is paying the equivalent of $284 million in a case that prosecutors have referred to as Europe&#8217;s largest bribery investigation ever.<\/p>\n<p>This part of the investigation is related to the company&#8217;s telecommunications-equipment unit. A former manager in this unit, Reinhard Siekaczek was indicted last week in connection with the bribery investigation, and has been accused of embezzling \u20ac24 million.<!--more--><\/p>\n<p>Siemens was fined earlier this year by a German court for bribery in the company&#8217;s power-generation unit in Italy. The company has also agreed to pay German authorities for unpaid taxes related to suspicious transactions.<\/p>\n<p>This all began with an internal investigation that Siemens voluntarily began, which has now identified \u20ac1.6 billion in suspicious payments.<\/p>\n<p>Authorities are still investigating other allegations against Siemens.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The investigation into bribery allegations at Siemens AG ends with a fine and a charge for illegal profits. The company is paying the equivalent of $284 million in a case that prosecutors have referred to as Europe&#8217;s largest bribery investigation [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[811,827],"tags":[1402,1403,1014],"class_list":["post-1028","post","type-post","status-publish","format-standard","hentry","category-fcpa","category-public-companies","tag-bribery-investigation","tag-internal-invesigation","tag-siemens"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Z0e-gA","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/1028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/comments?post=1028"}],"version-history":[{"count":0,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/posts\/1028\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/media?parent=1028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/categories?post=1028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sequenceinc.com\/fraudfiles\/wp-json\/wp\/v2\/tags?post=1028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}