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Siemens Debarred in Italy


In April 2004 an Italian judge barred German electronics group Siemens AG from conducting business relations with Italian public administration bodies for the period of one year.

The decision was taken in the framework of the investigation on suspected cases of corruption involving Siemens and Italy's Enelpower, a unit of local energy group Enel.

Later in May 2004, SIEMENS then reported that a judge's order banning it from dealing with Italy's state-owned firms and public bodies had been amended to apply only to gas turbines.


References
Wall Street Journal  [Publication date: 29/8/2008] 'In Germany, Bribery Doesn’t Always Mean Corruption, Siemens Finds' by Markus Balser
   http://blogs.wsj.com/law/2008/08/29/in-germany-bribery-doesnt-always-mean-corru
   ption-siemens-finds/

[ Date URL accessed: 30/8/2008 ]

International Herald Tribune  [Publication date: 23/4/2008] 'Siemens board member Reinhardt to step down at end of April'
   http://www.iht.com/bin/printfriendly.php?id=12270896
[ Date URL accessed: 28/4/2008 ]

EUX.TV  [Publication date: 18/8/2007] 'Siemens corruption probe widens to Indonesia, China: reportn'
   http://www.eux.tv/article.aspx?articleId=12929
[ Date URL accessed: 20/8/2007 ]

Times Online  [Publication date: 13/8/2007] 'Siemens widens corruption inquiry' by Rhys Blakely
   http://business.timesonline.co.uk/tol/business/industry_sectors/engineering/art
   icle2251762.ece

[ Date URL accessed: 14/8/2007 ]

Reuters  [Publication date: 18/4/2007] 'Corruption suspect got 1.8m euro payoff'
   http://www.stuff.co.nz/stuff/4030297a6026.html
[ Date URL accessed: 18/4/2007 ]

Business Week  [Publication date: 14/3/2007] 'Siemens Execs Admit Bribery Was Common'
   http://www.businessweek.com/globalbiz/content/mar2007/gb20070314_175589.htm?cam
   paign_id=rss_daily

[ Date URL accessed: 15/4/2007 ]

Gulf Times  [Publication date: 14/3/2007] 'Ex-Siemens chiefs deny bribery, admit payments'
   http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=138015&versio
   n=1&template_id=48&parent_id=28

[ Date URL accessed: 15/3/2007 ]

Die Welt  [Publication date: 24/3/2006] 'TWO FORMER SIEMENS MANAGERS ACCUSED OF BRIBERY (EX-SIEMENS-MANAGER WEGEN BESTECHUNG ANGEKLAGT)'
[ Date URL accessed: 8/5/2006 ]

Agence France Presse  [Publication date: 23/3/2006] 'Two former Siemens employees committed to trial on Enel bribe suspcion'
[ Date URL accessed: 8/5/2006 ]

AFX International Focus  [Publication date: 23/3/2006] 'Two former Siemens employees charged with corruption in Enel bribery case'
[ Date URL accessed: 8/5/2006 ]

ANSA English Corporate Service  [Publication date: 5/5/2005] 'German Siemens To Protest Ban from Italian Public Tenders'
[ Date URL accessed: 3/2/2006 ]

UNICORN  [Publication date: 3/5/2005] 'Siemens: No Longer Business as Usual?'
   http://www.againstcorruption.org
[ Date URL accessed: 1/8/2005 ]

Associated Press  [Publication date: 23/3/2005] 'German prosecutors charge two former Siemens workers with bribery'
   http://biz.yahoo.com/ap/060323/germany_siemens_bribery.html?.v=3
[ Date URL accessed: 8/5/2006 ]

ANSA English Media Service  [Publication date: 30/11/2004] 'FIVE MORE ARRESTS IN ENIPOWER PROBE, ACCOUNTING BOOK FOUND'
[ Date URL accessed: 10/1/2005 ]

Suddeutsche Zeitung  [Publication date: 20/8/2004] 'FORMER MANAGERS OF SIEMENS ADMIT TO PAYING BRIBES (SCHWARZE KASSEN BEI SIEMENS)'
[ Date URL accessed: 3/2/2006 ]

[Publication date: 20/8/2004] 'Ex-Siemens managers amid slush fush: report' by Steve Goldstein
[ Date URL accessed: 3/2/2006 ]

[Publication date: 15/8/2004] 'COMPETITION IS KEY TO ENDING ITALY'S CORRUPT PRACTICES' by Robert Galbraith
[ Date URL accessed: 3/2/2006 ]

Hamilton Spectator  [Publication date: 29/5/2004] 'Ex-Siemens officials focus of bribery probe'
[ Date URL accessed: 3/2/2006 ]

[Publication date: 28/5/2004] 'Prosecutors search Siemens offices in connection with Italian bribery probe'
[ Date URL accessed: 3/2/2006 ]

ANSA  [Publication date: 28/5/2004] 'EX-SIEMENS EXECUTIVES INVESTIGATED IN ENEL KICKBACKS PROBE'
[ Date URL accessed: 3/2/2006 ]

Global Power Report Global Power Report  [Publication date: 7/5/2004] 'Court issues Siemens ban'
[ Date URL accessed: 18/7/2004 ]

The Times  [Publication date: 6/5/2004] 'Siemens order amended'
[ Date URL accessed: 22/5/2004 ]

[Publication date: 5/5/2004] 'Siemens delays legal response to Milan court in ENEL bribery case'
[ Date URL accessed: 3/2/2006 ]

EUROPEAN DAILY ELECTRICITY MARKETS  [Publication date: 5/5/2004] 'Siemens to appeal over Italian bribery ruling'
[ Date URL accessed: 3/2/2006 ]

AFX European Focus  [Publication date: 29/4/2004] 'Siemens barred from Italian public contracts for 1 yr after ENEL bribery probe'
[ Date URL accessed: 3/2/2006 ]

The Daily Telegraph  [Publication date: 29/4/2004] 'Siemens faces Italy contracts ban' by Roland Gribben
   http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2004/04/29/cnitaly29.xml
   

[ Date URL accessed: 3/2/2006 ]

THE DAILY TELEGRAPH(LONDON)  [Publication date: 29/4/2004] 'Siemens faces Italy contracts ban' by Roland Gribben
   http://www.c114.net/cn-c114/dailynewsread.asp?articleid=6540
[ Date URL accessed: 25/5/2004 ]

Associated Press Online  [Publication date: 28/4/2004] 'Siemens Offices Searched in Bribery Probe'
[ Date URL accessed: 3/2/2006 ]

ANSA  [Publication date: 28/4/2004] 'Judge Bars Siemens AG from Business with Italy Public Bodies'
[ Date URL accessed: 3/2/2006 ]

ANSA English Corporate Service  [Publication date: 28/4/2004] 'Judge Bars Siemens AG from Business with Italy Public Bodies'
[ Date URL accessed: 24/11/2004 ]

Utility Week Utility Week  [Publication date: 19/12/2003] 'Enel and GRTN face fines for power cuts' by Simon Jones
[ Date URL accessed: 3/2/2006 ]

Financial Times  [Publication date: 5/12/2003] 'Enel set for Alstom deal over contracts' by FRED KAPNER
[ Date URL accessed: 23/3/2004 ]

The Business  [Publication date: 10/8/2003] 'KICKBACK CULTURE STILL BLIGHTS ITALIAN BUSINESS'
[ Date URL accessed: 18/7/2004 ]

Les Echos  [Publication date: 28/7/2003] 'ALSTOM COMES UNDER ITALIAN SCRUTINY IN CORRUPTION INQUIRY (L'ENQUETE POUR CORRUPTION SUR ENEL ELARGIE A ALSTOM PAR LA JUSTICE ITALIENNE)'
[ Date URL accessed: 25/5/2004 ]

Financial Times  [Publication date: 16/7/2003] 'Lid may come off Enel deals: After weeks in a Milan prison, two former chiefs could reveal secret details' by UTA HARNISCHFEGER, FRED KAPNER
[ Date URL accessed: 3/2/2006 ]

Financial Times  [Publication date: 16/7/2003] 'Enel bribery probe widened to engineering deals' by FRED KAPNER
[ Date URL accessed: 3/2/2006 ]

Corporate Counsel  [Publication date: July 2004] 'MARKET REPORT ITALY'
[ Date URL accessed: 3/2/2006 ]


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