"Eight former executives and contractors of Siemens were charged on Tuesday with criminal bribery in the case, the department said."
More on the New York Times.
Siemens is a Global Compact participant since 26-11-2003
This blog provides information on how U.N. Global Compact participants' walk the talk. The GC is a voluntary initiative at the strategic level to engage businesses towards sustainability principles. There is however a risk of 'blue-washing' by covering up corporate misbehaviour and law infringement from large MNEs through poorly enforced 'Integrity Measures' and weak U.N supervision. Let's 'WE', civil society stay tuned!
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Wednesday, January 4, 2012
Former Siemens Executives Are Charged With Bribery
Labels:
Argentina,
bribery,
corruption,
Executive,
Germany,
Principle 10,
Siemens
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