Monday, July 26, 2010

Siemens confirmed that bribery in China



Siemens corruption case involving the world to China. U.S. Justice Department documents revealed that Siemens "bribery" incident involving three subsidiaries in China, namely Siemens Power Transmission Group ("the Siemens PTD"), Siemens Transportation (the "Siemens TS") and Siemens Medical Group.

Siemens company yesterday confirmed to the newspaper, bribery does involve China, the world's electricity, transportation, health care market, but the officers involved in dealing with related issues, Siemens China Company can not give feedback and related issues that will be submitted as soon as possible headquarters in Germany. At press time, reporters have not received the relevant replies.

Not long ago, Siemens had said in November 2003 after the bribery scandal was exposed, Siemens China has fired more than 20 employees.

According to the U.S. District Court of Columbia announced the lawsuit in 2002 to 2007, Siemens TS paid about 22 million U.S. dollars, to the Hong Kong-based business consulting companies and related institutions, and through these institutions pay bribes to officials in China to obtain the total more than 10 billion dollars in seven subway trains and signal equipment items.

In 2002, 2003, Siemens PTD pay about 25 million U.S. dollars through a business consulting firm, to bribe Chinese officials, and received two in southern China about 838 million U.S. dollars worth of electricity high voltage transmission line project. Meanwhile, from 2003 to 2007, Siemens Medical Group, about 14.4 million U.S. dollars paid in bribes, bribes to five national hospitals, which receive 295 million U.S. dollars of medical equipment orders. According to a survey the United States, Siemens in May 2006, China's Jilin Matsubara Hospital to a price to sell 150 million magnetic resonance imaging system, paid a bribe of 64,800 U.S. dollars. On this "commission" of the expenditure program, when he was Siemens Medical Group (China), Chief Financial Officer have signed over the word.

For the case of Chinese medical officials suspected of bribery matter, Siemens said they did not have any comment. This week, Siemens has agreed to pay the United States and Germany, nearly 13 million fine, ending the investigation into bribery.

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China also allowed for the prosecution lawyer said Siemens

Beijing BondsInHongKong Lawyer Liuming Jun said that China does not lack for legal commercial bribery provisions of the relevant norms, the Procuratorate also be investigated according to law bribery units directly for those responsible.

"Then burst out bribery case Lucent, Lucent Technologies, several executives of Chinese companies by the U.S. corporate headquarters fired, and faces the United States judicial accountability. But in China, but no relevant departments to investigate Lucent millions of dollars in bribes in China gold whereabouts, even out of the question of accountability. "Liu Mingjun said. After the scandal in the bribery, Siemens violations pursued on a "zero tolerance" principle. Liu Mingjun that this position is largely forced by the German national law enforcement agencies may bring pressure on accountability, not from China. He believed that multinational corporations in China have not been charged commercial bribery important reason is not related to law enforcement departments.







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