Effective speak-up or whistleblowing hotlines are an element of good governance and can act as an early warning system. But while most large companies have a formal mechanism where employees can voice concerns, our 2015 Ethics at Work survey shows that employees don't have confidence in the system.
Entries in Germany (96)
The Cámara Federal de Casación Penal of the Republic of Argentina issued an important ruling on May 4 concerning the legal principle that no one can be punished twice for the same crime (non-bis-in-idem).
Greek authorities said Monday they indicted 64 people for bribery involving Siemens AG from 1992 to 2006 related to communications company Hellenic Telecommunications (OTE).
Formula One supremo Bernie Ecclestone paid $100 million in August to end his trial in Germany on criminal bribery charges. Some of the money went to save two financially strapped hospice centers that support terminally ill children and their families.
The Securities and Exchange Commission Monday charged Bruker Corporation with violating the Foreign Corrupt Practices Act by paying for sightseeing trips and shopping expenses for Chinese government officials responsible for buying the company's products.
Siemens AG's former CFO Heinz-Joachim Neubürger will pay the company €2.5 million ($3.1 million) to settle a civil recovery claim connected to the global bribery scandal Siemens resolved with U.S. and German authorities in 2008.
German auto parts maker and defense contractor Rheinmetall AG said in a statement Wednesday that a subsidiary agreed to pay a fine of €37 million ($46 million) to resolve a criminal investigation of alleged bribes in connection with arms sales in Greece.
A former top executive of Bechtel Corporation pleaded guilty Thursday for taking $5.2 million in kickbacks to rig bids for state-run power contracts in Egypt.
Prosecutors in Munich confirmed Wednesday that Airbus is under investigation for bribery connected with border security contracts in Romania and Saudi Arabia.