Argentine authorities have raided the Buenos Aires offices of
German technology giant Siemens, in an investigation of the payment
of bribes during the 1989-99 government of former Argentine
president Carlos Menem.
Menem allegedly received a direct payment
from Siemens of 16 million dollars. The Munich-based company
reportedly expected to pay 100 million dollars in bribes to
Argentine officials. German newspaper Sueddeutsche Zeitung reported
that Siemens was seeking a 1.26-billion-dollar contract to
digitalize Argentine identity documents and other services. The
contract was signed under Menem in 1998 but cancelled in 2001 by
his successor, president Fernando de la Rua.
(Deutsche Welle)
more info >>
<< Back