Siemens Norway announces board shake-up after allegations of defense contract corruption
Posted by john on Dec 6, 2007
At that time, Siemens Norway apologized, promised to refund the excess charges, and replaced its entire top management. On Tuesday, the economic crime police said they had assessed a 9 million kroner (US$1.6 million; 1.1 million) fine against the company for defrauding the military. The company can either accept the fine or challenge it in court.