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Former Siemens execs charged for bribery

Eight former executives and contractors of Siemens,the German industrial giant,have been charged with criminal bribery in a decade-long effort

EDWARD WYATT

Eight former executives and contractors of Siemens,the German industrial giant,have been charged with criminal bribery in a decade-long effort to help the company secure a $1 billion contract to produce Argentinas national identity cards,the US Justice Department announced Tuesday.

The individuals conspired to pay more than $100 million in bribes to high-level Argentine officials in violation of the Foreign Corrupt Practices Act,the department said.

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  • business news US justice department
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