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7/25/2008
Former Siemens Top Brass Denies Wrongdoing, Post Schaefer Testimony
-- MDT
7/22/2008
Former Anti-Corruption Chief Testifies in Siemens Bribery Trial, Results Ugly For Siemens Management
Siemens Duo Deny Connection to Bribery Probe
Former Siemens CFO a Suspect in Bribery Investigation
Former Siemens Top Brass Denies Wrongdoing, Post Schaefer Testimony
I know you're shocked, right?
Meanwhile, legal action against their former managers and executives is expected to be filed by Siemens next Tuesday.
Meanwhile, legal action against their former managers and executives is expected to be filed by Siemens next Tuesday.
-- MDT
Labels: Albrecht Schaefer, bribery, Heinz-Joachim Neubürger, Siemens
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Former Anti-Corruption Chief Testifies in Siemens Bribery Trial, Results Ugly For Siemens Management
Surprising virtually no one, former Siemens anti-corruption official, Albrecht Schaefer indicated in his recent testimony that the company's top brass ignored the bribery that was happening right under their noses.
Moreover, Schaefer stated flatly that he personally informed several familiar names (Heinz-Joachim Neubuerger, Juergen Radomski, and Thomas Ganswindt) about the dubious practices he had observed.
-- MDT
1/24/2007
Moreover, Schaefer stated flatly that he personally informed several familiar names (Heinz-Joachim Neubuerger, Juergen Radomski, and Thomas Ganswindt) about the dubious practices he had observed.
-- MDT
Labels: Albrecht Schaefer, bribery, Heinz-Joachim Neubürger, Juergen Radomski, Siemens, Thomas Ganswindt
Siemens Duo Deny Connection to Bribery Probe
Siemens Chief Financial Officer Joe Kaeser as well as executive board member Rudi Lamprecht are denying newspaper reports that they are connected with the ongoing bribery probe at the international conglomerate. Siemens itself has also released a statement indicating that neither Kaseser or Lamprecht have been contacted by prosecutors at this time.
Several other past and present high-ranking Siemen's execs have been implicated in the investigation, including, most notably Thomas Ganswindt and Heinz-Joachim Neubuerger .
Siemens shareholders will be meeting on Thursday in Munich. Look out for the fireworks.
-- MDT
1/12/2007
Several other past and present high-ranking Siemen's execs have been implicated in the investigation, including, most notably Thomas Ganswindt and Heinz-Joachim Neubuerger .
Siemens shareholders will be meeting on Thursday in Munich. Look out for the fireworks.
-- MDT
Labels: bribery, Heinz-Joachim Neubürger, Joe Kaeser, Rudi Lamprecht, Siemens, Thomas Ganswindt
Former Siemens CFO a Suspect in Bribery Investigation
Heinz-Joachim Neubürger left Siemens in April of '06 when it became clear he was being passed over for the chief executive spot that went to Klaus Kleinfeld. Neubürger went in voluntarialy for questioning by Munich authorities this Tuesday, at which time he was informed that he was a suspect.
The former CFO was apparently fingered by Michael Kutschenreuter, the former Siemens finance director of Siemen's telecom division. Kutschenreuter reportedly told Munich prosecutors that Neubürger was aware of some of the bribery shenenigans but did nothing to stop the illegal activities.
For more on Neubürger's fate, check out the FT at MSNBC.
-- MDT
The former CFO was apparently fingered by Michael Kutschenreuter, the former Siemens finance director of Siemen's telecom division. Kutschenreuter reportedly told Munich prosecutors that Neubürger was aware of some of the bribery shenenigans but did nothing to stop the illegal activities.
For more on Neubürger's fate, check out the FT at MSNBC.
-- MDT
Labels: bribery, Heinz-Joachim Neubürger, Michael Kutschenreuter, Siemens
