Siemens loses deal in Nigeria over allegations of corruption
Nigerian government has cancelled a 750 000 euro deal with Siemens Nigeria due to suspected bribery, reports the BBC. Having found guilty of paying bribes to Nigerian officials, Siemens is now under a new investigation for an allegation of an additional 10m euros been paid in bribes to officials, including ministers. Nigeria has cut off all dealings with Siemens until the investigation is finished.
Read the complete article on the BBC website:
http://news.bbc.co.uk/2/hi/business/7130315.stm
Comment article 'Siemens loses deal in Nigeria over allegations of corruption'