The raid followed wide-ranging investigations of Siemens' activities that originated from a bank's internal scrutiny of accounts believed to be used for money laundering. The Siemens began its own internal investigation, identifying 420 million in dubious trades in its telecommunications unit, amid broadening feelings.
The company hire a private law firm to conduct an autonomous internal inquiry. The law firm reported that it had recognized €1.3 billion in suspicious payments since 1999 and had received "significant ... new information" that could implicate high ranking executives. This case follows the bribery investigation, touching on the handling of the allegations of the firm, possible causes, and potential safeguards to protect against future difficulties.
Siemens Anatomy of Bribery case study solution
PUBLICATION DATE: October 20, 2008 PRODUCT #: P68-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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