
It sounds like they want to stick it to the executives lower down and exonerate those at the top.
While all are innocent until proven guilty, it is very difficult to believe that employees at the telecommunications department had a secret slush fund that the bosses didn´t know about and using to make extra payments to secure contracts in countries with dubious reputation which should have been on an automatic watch list.
And add to that that many senior executives have passed through that department.
Difficult to believe that they didn´t know!
Onésimo Alvarez-Moro
See article:
Although Munich State prosecutors have freed a group of men accused of running slush funds at the engineering giant Siemens, they announced on Friday that the case was growing in strength.
At a press conference in Munich on Friday, prosecutors said the last of the five men in custody had now been conditionally released.
The weight of evidence against them had grown thanks to the "comprehensive testimony" obtained during their detention, said prosecutor Christian Schmidt-Sommerfeld.
He added that the investigation was proceeding, and the suspects as well as Siemens were cooperating in the ongoing probe.
Did bribery played a role in the contruction of Athen's Olymic Stadium?Bildunterschrift: Großansicht des Bildes mit der Bildunterschrift: Did bribery played a role in the contruction of Athen's Olymic Stadium?
About a dozen former Siemens executives are expected to face breach of trust charges for the misappropriation of funds involving more than 200 million euros ($264 million).
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