A federal appeals court Wednesday upheld the dismissal of a lawsuit by Mexico's state-owned oil company that accused Siemens and SK Engineering & Construction of bribing its officials to win refinery refurbishing work.
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A U.S. federal judge Tuesday threw out a civil lawsuit filed Mexico's state-owned oil company Pemex against Siemens AG and a South Korea's SK Engineering that alleged bribes to Pemex officials.
Mexico's state oil giant Petroleos Mexicanos (Pemex) filed a lawsuit in U.S. federal court last week against Siemens and South Korea's SK Engineering & Construction Co. Ltd. to recover about $160 million in damages caused by their bribery.
Mexico: Pemex Sues Siemens Claiming Bribery in Old Refinery Project
Petroleos Mexicanos, Mexico’s state-owned oil company, filed a $1.5 billion lawsuit against Siemens AG and South Korea-based SK Engineering & Construction Co., claiming the companies bribed Pemex officials to win and keep refinery construction projects in 1997.