Siemens to pays €38m in Israel corruption case
Siemens to pays €38m in Israel corruption case
Amman - Petra
Siemens AG will pay Israel 38 million euros to settle a decade-old corruption case, Israeli media reported late Monday, citing the Justice Ministry in Jerusalem.
The agreement arises from around 2000, when the German giant of Siemens allegedly bribed six Israel Electric Corporation executives to win a bid for turbines, the business newspaper Globes reported.
The settlement was announced by Israel's Justice Ministry, which has been investigating whether Siemens paid millions of dollars in bribes to officials at Israel Electric Corp (IEC) to win contracts from 1999 to 2005.
The six executives, who were arrested in December 2014, will face criminal charges in the case including bribery, fraud and money laundering, reports revealed.
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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