Thursday, July 21, 2011

Siemens Threatens to Sue Greek Government

Siemens have announced they will be taking legal actions against the Greek government. The lawyers of the firm denied the governments’ allegations that Siemens damaged the Greek state because of bribes and laundry money.

No bribes have been paid to the Greek politicians by the Hellenic Siemens company, noted the lawyers. The engineering powerhouse Siemens denies every accusation and does not accept charges of 2 billion euro damages.

The Greek government stated that it would l take every measure so as to protect its interest. Both sides made unsuccessful efforts to reach a settlement. In the end, the decision will probably be given by the court in Munich in the forthcoming future.

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