Corruption scandal at Siemens

Siemens is facing Germany's biggest corruption scandal. Delo newspaper comments how the technology company has sought to put its systematic criminal dealings behind it: "The true lesson of the Siemens corruption scandal is the speed with which the company has moved to deal with the problem, as well as its cooperation with the authorities. It is also noteworthy that the business structure was turned upside down to bring the dimension of the scandal to light. ... These illegal dealings were long considered 'company culture', but they are now being relegated to the painful past. ... With billions in euros of losses, a damaged reputation and much wasted time, the company must now face the challenges awaiting all major corporations."

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