Consequences of the SIEMENS Scandal as of 2008
• The costs for the Siemens concern have been high: 500 million Euros
alone for back-tax payments, a billion Euros for investigating and cleaning up the scandal.
• The American Securities and Exchange Commission forced the dismissal
of a substantial number of Siemens top-managers.
• The reputation of former Siemens CEO Heinrich von Pierer as a model
businessman has been permanently damaged.
• The confidence of the business world and the public in what was
reputed to be a model company has been severely shaken.
• There are grounds for fear that the company's bad example will find
imitators in the threshold and developing countries.
Urteil eines Mailänder Ermittlungsrichters vom 3. Mai 2004
(Schmiergeldfall in Italien):
»Insbesondere ... die Existenz von schwarzen Kassen bei Siemens zeige, dass
die von Siemens praktizierte Aufsicht völlig ineffizient ist und das Unternehmen
Schmiergeldzahlungen zumindest als mögliche Unternehmensstrategie ansieht.«
