Slammed for bribery, Siemens continued to ignore red flags
BY BEN KNIGHT, 100Reporters
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FILE - This Thursday, Nov. 9, 2017 file photo shows the logo of German industrial conglomerate Siemens in front of their headquarters in Munich, Germany. Siemens ignored some of its own red flags for foreign bribery in the aftermath of a major corruption scandal in 2008, according to reports released in 2021 by an independent monitor and other confidential documents.Matthias Schrader/AP
German engineering giant Siemens ignored some of its own red flags for foreign bribery in the aftermath of a major corruption scandal in 2008, according to newly released reports by an independent monitor and other confidential documents.