The investigation into the €420m bribery scandal at Siemens reached the highest level yet on Thursday as the company’s former chief financial officer was named as a suspect.
The investigation of Heinz-Joachim Neubürger, who stepped down in April after being passed over as chief executive of Europe’s largest engineering group, came as the current head of Siemens, Klaus Kleinfeld, warned that the probe threatened the company’s survival.
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