BusinessCompany NewsFormer Siemens CFO a suspect in bribery case

Former Siemens CFO a suspect in bribery case

Investigations calls in Heinz-Joachim Neubürger

An investigation into a massive bribery scandal at German engineering giant
Siemens has resulted in its former CFO
being named as a suspect.

Heinz-Joachim Neubürger, who stepped down in April after being passed over
for the chief executive role, was named as a suspect in the inquiry into the
€420m (£278m) scandal.

Current head of Siemens,
Klaus Kleinfeld,
warned that the probe threatened the company’s survival.

Further reading:

Siemens surprise as CFO quits

Siemens wins DWP accounting contract

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