Argentine authorities have raided the Buenos Aires offices of
German technology giant Siemens, in an investigation into bribery
allegations. Siemens is alleged to have made a direct payment
of 16 million dollars to former Argentine President, Carlos Menem,
during his decade long government which ended in 1999.
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)
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