Argentine authorities have raided the Buenos Aires offices of German technology giant Siemens, in an investigation into bribery allegations. Siemens is alleged to have made a direct payment of 16 million dollars to former Argentine President, Carlos Menem, during his decade long government which ended in 1999.
The Munich-based company reportedly expected to pay 100 million dollars in bribes to Argentine officials. German newspaper Sueddeutsche Zeitung reported that Siemens was seeking a 1.26-billion-dollar contract to digitalize Argentine identity documents and other services. The contract was signed under Menem in 1998 but cancelled in 2001 by his successor, president Fernando de la Rua.
(Deutsche Welle)
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