Reuters (Free subscription) | 06/12/2008
MUNICH, Germany (Reuters) - Ex-Siemens Chairman Heinrich von Pierer will not testify in a corruption trial taking place in Munich for fear of incriminating himself, the law firm representing him confirmed on Thursday.
The Earth Times Online Newspaper (Free subscription) | 06/12/2008
MUNICH, Germany (Reuters) - Ex-Siemens Chairman Heinrich von Pierer will not testify in a corruption trial taking place in Munich for fear of incriminating himself, the law firm representing him confirmed on Thursday.
The Earth Times Online Newspaper (Free subscription) | 07/23/2008
... of its chairman and chief executive and has badly dented the company's image.Former Chairman Heinrich von Pierer and ex-CEO Klaus Kleinfeld have not been accused of any wrong-doing but may face lawsuits by the company for failing to follow up signs of bribery and corruption.According to a German media report the supervisory board will decide on Tuesday whether to sue 10 former managers.The...
Financial Time (Free subscription) | 07/23/2008
' supervisory board is expected next Tuesday to launch legal action against ten of the engineering group's former executive board members, including ex-chief executives Heinrich von Pierer and Klaus Kleinfeld, over their roles in a €1.3bn ($2bn) bribery scandal.
ireland.com (Free subscription) | 07/17/2008
... the biggest bribery probes in German corporate history, has forced the departure of its chairman, Heinrich von Pierer, and chief executive. Mr Schaefer, who was called as a witness at the trial against a former Siemens manager, also said he had informed top management about pending bribery investigations in Liechtenstein and Switzerland and warned that Siemens' offices could be searched...
France24 (Free subscription) | 06/29/2008
... a huge scale forced the resignation of his predecessor Klaus Kleinfeld and chairman of the board Heinrich von Pierer. He was vowed to clean up and streamline the company, announcing a 900 million euro hit to earnings in March after problems with a range of major projects were uncovered and thousands of job cuts in its telecommunications and lighting divisions.
Financial Time (Free subscription) | 06/15/2008
... investigation and has been cleared so far by an internal probe, so he will give evidence this week.Heinrich von Pierer and other former executives are being investigated for the administrative offence of breaching their corporate duty of oversight. Thomas Ganswindt is a suspect in the continuing investigation by Munich prosecutors along with nearly 300 more people.Mr Siekaczek, who...
Deutsche Welle: DW-WORLD.DE (Free subscription) | 06/12/2008
Siemens allegedly paid tens of millions or euros in bribes during Heinrich von Pierer’s tenure as CEO. As the first corruption and bribery trial gets underway, Von Pierer’s attorney said his client won’t testify.
Deutsche Welle: DW-WORLD.DE (Free subscription) | 06/13/2008
Many of German's top DAX conglomerates have been engulfed in corporate scandal lately. The former CEO of Siemens Heinrich von Pierer, who had also been a technical advisor to Merkel, is currently on trial in court proceedings related to a 1.3 billion euro ($2 billion) bribery and corruption scandal that came to light two years ago. Although prosecutors are not expected to charge him with...
