Siemens’s monitor reports would provide roadmap for competitors, court rules
Theo Waigel, Germany's former minister of finance, served as a corporate monitor for Siemens following the company's 2008 FCPA settlement. (Credit: Metropolico.org via flickr)
The release of reports by an independent monitor who oversaw compliance reforms at Siemens following a 2008 foreign bribery settlement would cause the German engineering company competitive harm, a federal judge in Washington, DC has ruled.
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