Siemens To Pay $1.6B To Settle Bribery Charges

By Denise Oliveira (December 15, 2008, 12:00 AM EST) -- German electronics giant Siemens AG has pled guilty to corruption charges for bribing public officials around the world, including Iraqis involved in the United Nations' Oil-for-Food Program, and has agreed to pay approximately $1.6 billion to settle criminal and civil matters with the U.S. Department of Justice, the U.S. Securities and Exchange Commission and the German Prosecutor General, the agencies reported Monday....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!