Looks like the trail in the Siemens bribery probe goes back quite a long way. According to recent filings with the SEC, (link goes to EDGAR - search Siemens, form 20-F, 12/11/06) the company was been aware for more than a year of frozen accounts and seized assets amongst the firm's former employees. The question becomes then, what was Siemens planning to do about all this up until the point that international law enforcement officers broke down the front door?

Read all about it, here.

-- MDT

Labels: bribery, SEC, Siemens