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Nigerian court acquits former Mtel CEO, others in Siemens bribery case

Michael Malakata | June 6, 2014
Court of appeals finds no link between Siemens, Nigerian officials.

Siemens accepted responsibility for misconduct and provided names of bribe recipients. The EFCC asked for a certified copy of the Germany court's judgement in order to help it identify the people who were involved in the bribery and how much was given to them. It is not clear whether the copy of the judgement was given to EFCC by the Germans.

In 2010, the World Bank, as a major funder of Information and Communication Technology (ICT) projects in Africa, imposed a two-year bidding rights ban on Siemens because of the company's alleged corruption in Africa's telecom sector.

Siemens has since committed to paying $100 million to support global efforts over the next 15 years to support anti-corruption efforts.

In addition to agreeing to change industry practices, clean up industry procurement practices and engage in a collective action with the World Bank to fight corruption and fraud in the telecom industry, Siemens also agreed to provide information on any additional cases of wrongdoing to the World Bank's integrity vice presidency, which investigates fraud and corruption.

 

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