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Archive Home > 2008 > December > 16 > Siemens to pay $1B in fines in settlement

Siemens to pay $1B in fines in settlement


December 16, 2008

FRANKFURT, Germany — Siemens AG — rocked by a series of corruption cases that has cost the company both prestige and money — agreed Monday to pay more than $1 billion in fines in Germany and the U.S. as it moved a step forward in closing a dark chapter in its....

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