Siemens Pays $1.6B to Settle Bribery Case… But Doesn’t Admit To Paying Bribes

The European engineering giant settles a massive bribery case, pays US$1.6 billion in fines, and somehow manages to stay off US government blacklists, which (in theory) prohibit giving contracts to companies who pay bribes. Daniel Kaufmann has an analysis of the echoing hollowness of Seimens’s previous CSR commitments. Kaufmann writes: “The case of Siemens illustrates…

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United States: Illinois Governor Blagojevich Faces Corruption Charges

How could Global Integrity not blog on this one? Governor Rod R. Blagojevich of Illinois was arrested on charges of corruption and bribery after an ongoing investigation uncovered examples of the governor selling political favors in exchange for campaign contributions to his fundraising organization, Friends of Blagojevich. Much of the media attention has focused on…

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