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Bribery Charges Announced For Former Siemens Executives (NYSE: SI)
The Justice Department has disclosed charges filed in a decades-long bribery scheme involving former Siemens executives. Eight former executives and contractors were charged with criminal bribery. The men are accused of conspiring to disburse more than $100 million in bribes to high-level Argentine officials, which is a violation of the Foreign Corrupt Practices Act.
The cases were filed in United...