German industrial group Siemens, is being investigated on suspicion of corruption in the oil-for-food programme in Iraq, a report has claimed.The Financial Times Deutschland paper, which released an advance extract of its Wednesday edition, quoted a spokesman for the state prosecutor in Nuremberg as saying: "The prosecutor is investigating whether Siemens contravened the law on foreign trade."
Allegations against Siemens focus on its energy and medical equipment operations and involved a six-figure sum, allegedly paid as a bribe to Saddam Hussein's regime to secure contracts as part of the UN-supervised food-for-oil programme.
Shucks - no Australian enterprise would dream of doing anything like that:)
Full article: Siemens probed over Iraq food-for-oil programme
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