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Financial News

Thursday July 2, 08:38 PM

 

 

German industrial giant Siemens will pay 100 million dollars over 15 years into a fund to fight corruption

By Oliver Lang

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The logo of German engineering and electronics group Siemens in Munich. German industrial giant Siemens will pay 100 million dollars over 15 years into a fund to fight corruption after probes revealed fraud at its subsidiaries, the World Bank said Thursday. The logo of German engineering and electronics group Siemens in Munich. German industrial giant Siemens will pay 100 million dollars over 15 years into a fund to fight corruption after probes revealed fraud at its subsidiaries, the World Bank said Thursday.


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