RecordLens

Claim review. Bribery

Supported

The cited record supports the material proposition.

The US Justice Department said in December 2008 that Siemens would pay US$800 million to US authorities and about EUR 395 million in Munich.

About
Siemens AG
Claim made by
US Department of Justice, regulator statement
Published
15 December 2008
Original
Siemens AG and Three Subsidiaries Plead Guilty to Foreign Corrupt Practices Act Violations and Agree to Pay $450 Million in Combined Criminal Fines
Evidence score
94 How it was scored
Last reviewed
25 October 2026

Why this label

The DOJ release states a combined total of more than US$1.6 billion in fines, penalties and disgorgement, including US$800 million to US authoritiesS1. It states that Siemens AG agreed to pay EUR 395 million, about US$569 million, in MunichS1. The SEC release gives the US$350 million disgorgement and the Munich fine paid to the Office of the Prosecutor GeneralS2. The SEC release adds that Siemens had paid about US$285 million to the same office in October 2007S2. The amounts in the claim match both records.

Current procedural position

Pleas and sentencing announced on 15 December 2008S1. SEC consent judgment for US$350 million disgorgementS2. Concluded.

Record supporting the assessment

including $800 million to U.S. authorities
S1 Tier A US Department of Justice, Siemens AG and Three Subsidiaries Plead Guilty to Foreign Corrupt Practices Act Violations and Agree to Pay $450 Million in Combined Criminal Fines, 15 December 2008
Siemens AG agreed to pay €395 million or approximately $569 million
S1 Tier A US Department of Justice, Siemens AG and Three Subsidiaries Plead Guilty to Foreign Corrupt Practices Act Violations and Agree to Pay $450 Million in Combined Criminal Fines, 15 December 2008
a fine of approximately $569 million to the Office of the Prosecutor General in Munich
S2 Tier A US Securities and Exchange Commission, SEC Charges Siemens AG for Engaging in Worldwide Bribery, 15 December 2008

Conflicting or limiting record

No record located that conflicts with this assessment.

Evidence score: 94 of 100

The score grades how well the record establishes this assessment. It is not a score of Siemens AG. Score = source authority + directness + corroboration + procedural accuracy + currency + reproducibility.

ComponentPointsMaxReason
Source authorityIs the source competent to establish the proposition?2930The DOJ and SEC are the authorities that imposed the US amounts.
DirectnessDoes the source state the proposition or only discuss adjacent facts?2020Both releases state the figures in plain terms.
CorroborationDo independent records support the same material point?1315The DOJ and SEC releases agree on the Munich figure and the US split.
Procedural accuracyDoes the record settle the procedural state the claim describes?1415The pleas and consent judgment concluded the US matters.
CurrencyHas the record been checked against later developments?810A search for 2025 and 2026 developments found no change to the 2008 resolutions.
ReproducibilityCan a reader locate the passage and repeat the assessment?1010Both releases are public.
Total94100

Timeline

  1. Siemens pays about US$285 million to the Munich prosecutorS2
  2. US pleas, SEC settlement and Munich fine announcedS1S2

Related cases

  • United States v. Siemens AG and three subsidiariesUS District Court for the District of Columbia (Judge Richard J. Leon). Criminal. Not published in the release read.Stage: Guilty pleas entered and fines imposed. Concluded.
    • Siemens AG pleads guilty to internal controls and books and records counts and agrees to a US$448.5 million fineS1
  • Securities and Exchange Commission v. Siemens AGUS Securities and Exchange Commission. Civil. Not published in the release read.Stage: Settled by consent judgment without admission or denial. Concluded.
    • Siemens consents to a court order for US$350 million in disgorgementS2

Revision history

  • Assessment first published with label Supported.

Have a record that changes this assessment? See corrections and responses.

Sources

  1. S1Tier A Siemens AG and Three Subsidiaries Plead Guilty to Foreign Corrupt Practices Act Violations and Agree to Pay $450 Million in Combined Criminal FinesUS Department of Justice. Regulator press release. 15 December 2008.Supports the pleas, the charges, the amounts and the split of payments. It does not cover the Greek proceedings.Link working, checked 25 October 2026
  2. S2Tier A SEC Charges Siemens AG for Engaging in Worldwide BriberyUS Securities and Exchange Commission. Regulator press release. 15 December 2008.States the SEC allegations and the settlement without admission or denial. Its figures are allegations, not findings.

Other claims about Siemens AG