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Make Siemens Plc S7 200 Pc Ppi Cable.zip

in the charging and plea documents, siemens bangladesh admitted that from may 2001 to august 2006, it caused corrupt payments of at least $5,319,839 to be made through purported business consultants to various bangladeshi officials in exchange for favorable treatment during the bidding process on a mobile telephone project. at least one payment to each of these purported consultants was paid from a u.s. bank account.

in connection with the cases brought by the department, the sec and the munich public prosecutors office, siemens ag will pay a combined total of more than $1.6 billion in fines, penalties and disgorgement of profits, including $800 million to u.s. authorities, making the combined u. penalties the largest monetary sanction ever imposed in an fcpa case since the act was passed by congress in 1977.

also today, siemens ag agreed to a disposition resolving an ongoing investigation by the munich public prosecutors office of siemens ags operating groups other than the telecommunications group. the charges were based on corporate failure to supervise its officers and employees, and in connection with those charges siemens ag agreed to pay 395 million or approximately $569 million, including a 250,000 corporate fine and 394.75 million in disgorgement of profits.

from the date that siemens ag became listed on the new york stock exchange on march 12, 2001, through approximately january 2007, siemens argentina made approximately $31,263,000 in corrupt payments to various argentine officials through purported consultants and other conduit entities, and improperly characterized those corrupt payments in its books and records as legitimate payments for consulting fees or legal fees. siemens argentinas books and records, including those containing the false characterizations of the corrupt payments, were part of the books and records of siemens ag.

siemens is a member of the siemens corporate compliance board, a group that has been working to strengthen its compliance program and has made significant progress in that effort. siemens recognizes its responsibility to live up to the highest ethical standards.
siemens is the world leader in power transmission technology. siemens power and automation technology, power electronics, drives and control systems are used for a wide variety of applications, including in the energy, industry and services sectors. siemens power and automation technology is used in more than 30 million homes and factories worldwide.
siemens values the trust and loyalty of its employees, customers, partners, shareholders, and society, and is determined to continuously improve its business practices and its strong corporate culture.
siemens ag is a leading provider of electrical and telecommunications equipment. the company sells its products and services in more than 100 countries. it provides products and services under the brands siemens, sial, schneider, neon, tronic, sii, reliance and lecoeur-maubray.
for the purposes of the resolutions announced today, siemens ag and its subsidiaries are deemed to be in violation of the fcpa because of the corrupt payments to government officials and the improper characterizations of those corrupt payments in their books and records.
siemens ag is also being ordered to pay disgorgement of $1,006,950,000 to the united states and $431,850,000 to the sec, jointly and severally. the disgorgement represents funds that siemens ag received as a result of the corrupt payments, and is to be paid to the department of justice and the sec within 60 days of the entry of the resolutions. of the $1,006,950,000 that siemens ag is ordered to disgorge, $833,330,000 represents the proceeds siemens ag received through its receipt of the corrupt payments, and the remaining $183,620,000 represents siemens ags disgorgement of profits on the sales of products that siemens ag improperly characterized in its books and records as legitimate payments.
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