It's much more worse than that.
Siemens and the Greek Government Bribery Scandal during the 2004 Summer Olympic Games in Athens
http://en.wikipedia.org/wiki/Siemens_Greek_bribery_scandal
Bribery and corruption is a normal business practice for Siemens going back more than a hundred years. Back in 1914 Siemens bribed the Japanese cabinet and "secured a virtual monopoly over Japanese naval contracts in return for a secret 15% kickback to the Japanese naval authorities responsible for procurement."
http://en.wikipedia.org/wiki/Siemens_scandal
And then there's the cases of Siemens bribing the President Carlos Menem in Argentina, senior executives of state-controlled Gazprom in Russia, price-fixing and bribing political parties in Brazil, and bribing in "pick-a-country". In Ukraine a Siemens subsidiary was convicted of price-fixing and bribery also. The largest client for Siemens in Ukraine is the mafia oligarch Rinat Akhmetov (System Capital Management).
Siemens is a corrupt global cartel corporation. Bribes and fines are in the tens of billions of dollars. It’s the Western global way of doing business.
http://www.propublica.org/special/the-world-wide-web-of-siemenss-corruption
The World Wide Web of Siemens’s Corruption
Stefan Lemieszewski
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