Siemens' chairman resigns over corruption scandal
Balendu , Delhi: Sep 14 2008
Made Popular Sep 14 2008
The chairman of German industrial giant Siemens, who is embroiled in a major corruption scandal, has finally decided to resign. Heinrich von Pierer has announced that he will step down next week after a board meeting. Siemens is currently engulfed...
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Tags: Siemens, Corporate Scandal, Financial Scandal, Corporate Fraud
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Aftab
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Aftab Sep 14 2008
Hyderabad, India
Had it been the case with any Indian telecom major , the story would have been different.
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James
James Dec 23 2008
Who would have thought? I am not really surprised, though. Such a large corporation is bound to have such problems. Transparency in your company’s reporting is so important. I bet there is a lot of under the desk operations that go on.
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webwoke webreview
webwoke webreview Jan 30 2009
well i think all country facing the same problem about corruption. Hope this never happen again.
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Busby SEO Test
Busby SEO Test Jan 30 2009
That’s right. face the same problem. but that is the goodthing to do.
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