Daily Archives: February 9, 2014, 9:42 am

Former Siemens Executives Hit with Record Bribery Fines

This week, two former executives of Siemens AG were ordered to pay the largest individual civil penalties for violations of the Foreign Corrupt Practices Act (FCPA) in the statute’s history.  These penalties follow Siemens’ $800 million corporate penalty, assessed in 2008, which remains the largest corporate settlement ever brought under the FCPA. via Former Siemens Executives Hit with Record Bribery…

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