Thursday, April 24, 2008

Fresh twist in Siemens bribery case


Heinrich von Pierer, one of Germany’s leading businessmen, was thrust at the weekend into the centre of the billion-euro bribery scandal that has shaken Siemens.

People close to the investigation said a Siemens worker five years ago had told Mr von Pierer, then chief executive of Europe’s largest engineering group, that a payment of about $10m was needed to seal a contract in Argentina. The worker told a Siemens investigation, according to those people, that Mr von Pierer said that those involved in the deal should act like “soldiers for Siemens”.

Mr von Pierer, who has consistently denied any wrongdoing or knowledge of any alleged bribery, could not be reached for comment yesterday. But he told a German newspaper at the weekend that the allegations were false, that he had never used such language and that the continuing investigations meant his ability to counter allegations was limited.

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