‘Suspicious’ tech company EOH must pay back millions
/ 22 April 2021

‘Suspicious’ tech company EOH must pay back millions

EOH allegedly inflated prices of Microsoft licences, which could have been bought by the defence department for a third of the cost

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/ 27 May 2008

Siemens boss admits setting up slush funds

A former senior manager at Siemens on Monday admitted building up an elaborate system of slush funds and shell firms at the request of his superiors to help Europe’s biggest technology group win overseas contracts through bribes. Reinhard Siekaczek told a Munich court that he had informed his entire divisional board about the system.