Why should this be such a surprise? As long as senior executives continue to not take responsibility, then we will see more disclosures and, very likely, we will see the practices continue.
This is not a problem of a couple of people gone wrong, which is what they want us to think. This is about the top leadership having to go. And I mean the Chairman of the Supervisory Board who was CEO when this behavior was going on.
Onésimo Alvarez-Moro
See article:
Senior directors at Siemens are increasingly worried as more people become ensnared in scandals at the German engineering group and prosecutors take more aggressive action.
IG Metall, the main engineering trade union, is trying to use the allegations that Siemens may have illegally financed a rival union to threaten to launch a lawsuit against the company and possibly even block further restructuring.
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