Siemens Sued For $1.5B Over Alleged Mexican Oil Bribes
Pemex claims Siemens violated the Foreign Corrupt Practices Act and racketeering laws. The complaint stems from Siemens’ $1.6 billion settlement with U.S. regulators in 2008 to resolve civil and criminal allegations that it bribed public officials around the world, including in Mexico.
According to the suit,...
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