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Siemens' legal chief calls for 'clear roadmap' in global bribery settlements

By Martin Coyle ( March 27, 2018, 14:41 GMT | Insight) -- Siemens’ chief legal officer has called for more clarity for companies seeking settlements over global bribery probes, saying the company is still dealing with the fallout from a deal it struck a decade ago. The involvement of foreign agencies jumping in on settlements creates much uncertainty for companies looking to settle, and it has led to companies being advised by lawyers not to disclose problems, Robert Sikellis told a Paris conference.Siemens’ chief legal officer has called for more clarity for companies seeking settlements over global bribery probes, saying the company is still dealing with the fallout from a deal it struck a decade ago. ...

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