FT.com / Companies / Industrial Goods - Siemens uncovers bribery case at Kuwait unit: Siemens has uncovered a bribery case at its Kuwait unit, triggering investigations against several former managers and stirring up memories of the largest corruption case in Germany’s corporate history.
Prosecutors in Munich said they were investigating allegations of bribery and had detained several former managers.
People close to the situation said the former managers had attempted to bribe officials of Kuwait’s energy and water ministry with €1.25m ($1.8m) for a future project.
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