Archive for the ‘siemens’ Category

Siemens probe to widen?

Sunday, May 25th, 2008

The probe into the Siemens bribery scandal is about to widen

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Siemens: from bad to worse

Thursday, May 1st, 2008

Siemens woes have gone from bad to worse, with earnings sliding, down 67 per cent, because of project delays, cancellations and costs flowing the bribery investigation.

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Siemens shenanigans roll on

Monday, April 21st, 2008

Siemens former chief executive Heinrich von Pierer has been called in prosecutors investigating the bribery scandal

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Siemens saga rolls on

Monday, April 14th, 2008

German prosecutors have widened their bribery investigation into Siemens. This case is going to get a lot worse

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More Siemens woes

Wednesday, March 19th, 2008

End of the honeymoon period for Siemens new boss Petyer Loscher. He is trying to clean up the company following a bribery scandal and now there is a new scandal about kickbacks in Israel.

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The Siemens clean up

Wednesday, March 5th, 2008

Siemens CEO Peter Löscher says ithe company is making progress rooting out corrupt practices in the fall-out from its bribery scandal. Not really. German prosecutors identified dozens of suspects since a raid of Siemens’s headquarters in late 2006 but only one former executive has been indicted.

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Siemens fine to wipe profits

Monday, January 21st, 2008

Siemens faces a fine of 4 billion euros ($5.8 billion), a figure that would wipe out a full year’s profit, after a probe by the US Securities and Exchange Commission.

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The Siemens money trail

Thursday, December 27th, 2007

Siemens is trying to clear its name after the bribery scandal but the money trail is too elaborate. And none of it would have been discovered if it wasn’t for Osama Bin Laden.

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Siemens and the SEC

Monday, December 17th, 2007

Senior executives of German electronics and engineering group Siemens AG today met with the US Securities and Exchange Commission in connection with the bribery scandal at Siemens.

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Siemens: the scandal that won’t go away

Friday, December 14th, 2007

The Siemens bribery scandal won’t go away. Its new finance chief has lost his job even before he started it and the company is in trouble for bribing military officers in Norway.

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