Michael Kutschenreuter, Siemens former head of finance for Siemens communications is the latest to face repercussions from the Siemens bribery scandal that continues to dog the global engineering firm. Two others have been charged alongside Kutschenreuter, but their names as of this writing have not been made public.
What is interesting about Kutschenreuter is that he had previously
provided information to prosecutors regarding his superiors at Siemens, specifically former Siemens CFO,
Heinz- Joachin Neuburger.
-- MDT
Labels: Michael Kutschenreuter
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
Labels: bribery, Heinz-Joachim Neubürger, Michael Kutschenreuter, Siemens