Nigeria probes Siemens bribe case | JamiiForums | The Home of Great Thinkers

Dismiss Notice
You are browsing this site as a guest. It takes 2 minutes to CREATE AN ACCOUNT and less than 1 minute to LOGIN

Nigeria probes Siemens bribe case

Discussion in 'International Forum' started by BAK, Nov 22, 2007.

  1. BAK

    BAK JF-Expert Member

    Nov 22, 2007
    Joined: Feb 11, 2007
    Messages: 70,413
    Likes Received: 81,452
    Trophy Points: 280
    Nigeria probes Siemens bribe case
    BBC News Online

    The firm has faced a series of probes over corruption
    A Nigerian anti-corruption agency has begun investigating former ministers alleged to have taken bribes from the German telecoms firm, Siemens.
    Siemens was found guilty of paying bribes and was fined 201m euros ($248m) by a Munich court on 4 October.

    Names on the court papers that emerged last week included Bello Mohammed Haliru, the late Haruna Elewi and Tajudeen Olanrewaju.

    Dr Mohammed and Gen Olanrewaju have denied taking payments from Siemens.


    The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has summoned more than 10 officials for questioning into the affair, after President Yar' Adua ordered the security agencies to "take appropriate legal action".

    The president's special adviser on communications, Olusegun Adeniyi, issued a statement giving an assurance from Mr Yar'Adua that "in this Siemens scandal, as in all cases that border on good governance and transparency, there will neither be sacred cows nor a cover up for anybody found culpable of breaching the law".

    Siemens's own investigations uncovered more than 1.3bn euros in suspicious payments, 10m of which were said to have been paid to the Nigerian ministers or officials between 2001 and 2004.

    The company's chairman and chief executive both quit over the scandal and at least two employees were given suspended sentences for bribery and breach of trust.

    Siemens has accepted the Munich court judgement and has also agreed to pay 179m euros to the tax authorities.

    However, it faces even higher fines in the United States if it is found to have systematically bribed its way into winning contracts.