The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area.

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9/27/2007
Siemens Slush Fund Probe Continues, $1.5 Billion in Question
Dating back to the mid-1990s, questionable deals and dealings at Siemens now hang heavy over the company - to the tune of $1.5 billion. Investigators in Europe, Asia and the U.S. continue to dig in, with Siemens' own internal investigators at Debevoise & Plimpton continue to make more information public.

One major question spiraling out of all this is what roll Siemens' auditor, KPMG played in allowing all this to come to pass. That is a subject D&P plans to turn their attention to in short order. And if there is one blogger out there who you should look to for some deep thoughts on the subject of KPMG/Siemens, it would be Francine McKenna at RE: The Auditors.

-- MDT

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