Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

Siemens Bribe Takers Identified

German telecommunications giant Siemens paid 77 bribes totalling 12 million euros ($17.6 million) to officials in Russia, Nigeria and Libya, the Wall Street Journal reported Friday, citing an Oct. 4 Munich court ruling.

In Russia, 38 bribes totalling about two million euros went to senior managers at nearly two dozen regional state-controlled phone companies around the country, it said.

A Siemens employee identified only as Mennenga distributed the bribes to officials in Ryazan, Vladivostok, Samara, Yaroslavl and other Russian cities and regions, the report said.

The court concentrated on bribes from 2001 to 2004 connected with Reinhard Siekaczek, formerly a manager at the German company's telecommunications equipment division. Siekaczek has been indicted on embezzlement charges and is likely to face trial early in 2008, the Journal said.

Most of the bribery money, about 10 million euros, went to Nigerians, including four former ministers, according to the ruling. Some 300,000 euros went to officials at Libya's state-run post and telecommunications company, the newspaper added.

Siemens was fined 201 million euros by the Munich court in October after an investigation that took in at least six countries and prompted the resignations of chairman Heinrich von Pierer and chief executive officer Klaus Kleinfeld in April.

MT, Bloomberg