Siemens pleaded guilty to violating accounting provisions of the Foreign Corrupt Practices Act, which outlaws bribery abroad.
Although court documents are salted throughout with the word "bribes," the Justice Department allowed Siemens to plead to accounting violations because it cooperated with the investigation and because pleading to bribery violations would have barred Siemens from bidding on government contracts in the United States. Siemens doesn't dispute the government's account of its actions.
"Mr. Siekaczek (pronounced SEE-kah-chek) says that from 2002 to 2006 he oversaw an annual bribery budget of about $40 million to $50 million at Siemens. Company managers and sales staff used the slush fund to cozy up to corrupt government officials worldwide." Note these flight logs are 2001 - 2002.
view the rest of the comments →
DentHouper ago
One of the frequent passengers Pete Rathgeb. Who is this? I'm finding these in a web search.
campaignmoney.com/political/contributions/pete-rathgeb.asp?cycle=10 finance.siemens.com/financialservices/uk/siemens-bank/managing-board/content/pages/dr-peter-rathgeb.aspx
Although court documents are salted throughout with the word "bribes," the Justice Department allowed Siemens to plead to accounting violations because it cooperated with the investigation and because pleading to bribery violations would have barred Siemens from bidding on government contracts in the United States. Siemens doesn't dispute the government's account of its actions.
http://www.pbs.org/frontlineworld/stories/bribe/2009/02/at-siemens-bribery-was-just-a-line-item.html
senpaithatignoresyou ago
Siemens? fuck, that makes this highly international. I would not be surprised if this guy was also friends with Jeremy savile, the bbc pedo.
DentHouper ago
"Mr. Siekaczek (pronounced SEE-kah-chek) says that from 2002 to 2006 he oversaw an annual bribery budget of about $40 million to $50 million at Siemens. Company managers and sales staff used the slush fund to cozy up to corrupt government officials worldwide." Note these flight logs are 2001 - 2002.
http://www.pbs.org/frontlineworld/stories/bribe/2009/02/at-siemens-bribery-was-just-a-line-item.html