A former manager of Siemens, the European engineering company, testified Monday about an intricate system of slush funds and bribery at the company as the first trial on allegations of corporate corruption in Germany began.
Reinhard Siekaczek, a former manager at Siemens, testified about his role in a system of bribery.
Since the wide-ranging investigation came to light in 2006, the Siemens name has been badly tarnished, two top executives lost their jobs, and the company might still face billions of euros in fines and indictments of still-serving executives
Reinhard Siekaczek, who is facing charges of breach of trust, told the court that his role as a steward of off-the-books accounts, which were used to pay bribes, was an open secret within the mobile telephony division where he once worked.
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