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Corporate Compliance Insights
Home Featured

TRACE: Siemens’ Bribery Scandal

by TRACE International
May 24, 2017
in Featured
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Siemens’ story was a real turning point for the compliance community; the company continues to hold the record for the largest penalties in an international bribery case (a total of $1.6 billion in fines, penalties and disgorgements). Alexandra Wrage speaks with Peter Solmssen, former General Counsel at Siemens, about the misconduct and how the company turned things around.

 

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TRACE International

TRACE International, Inc. is a globally recognized anti-bribery business organization and leading provider of third party risk management solutions. Members and clients include hundreds of multinational companies headquartered in the U.S. and worldwide.

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