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Munich: court hearing testimony in ongoing corruption scandal at Siemens Corporation - je 26.05.2008 8

Milan TillichMay 26, 2008

A court in Munich is hearing opening testimony today in the ongoing corruption scandal at Siemens Corporation. Reinhard Siekaczek is accused of building up a slush fund of company money which was used to bribe potential customers for lucrative contracts. Prosecutors say he funnelled more than 50- Mmillion euros into the accounts. If found guilty, he could face a lengthy jail sentence.

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