Siemens

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    • Siemens and the SEC

      Posted by SoxFirst

      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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      Bribery update

      Posted by SoxFirst

      Interesting developments in the two big corporate bribery cases, Siemens and BAE Systems. The heat is on both companies and despite their best efforts, it's not going away.

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      Siemens smell continues

      Posted by SoxFirst

      Siemens is trying to move on from the bribery scandal by creating a new board position for legal and compliance issues. But investigations in Italy, Germany and the US are continuing and now there’s a probe into how much KPMG knew.

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      More heat on Siemens

      Posted by SoxFirst

      The Siemens group might have new leadership but the bribery scandal is not going away with reports that that US Securities and Exchange Commission is now putting pressure on the German government to help its investigations into whether Siemens employees paid millions of euros in bribes to secure deals.

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    SoxFirst

    Member since Dec 2008

    Leon Gettler is a blogger and senior business journalist at The Age, specializing on management issues. His latest book, Organisations Behaving Badly focuses on the forces that lead smart executives into making dumb decisions.

    Melbourne