Industry
Industrial engineering
3 organizations and 12 assessed claims in industrial engineering.
Organizations
- ABB LtdSwitzerland. 4 claims, 3 cases.
- Privinvest GroupUnited Arab Emirates. 4 claims, 2 cases.
- Siemens AGGermany. 4 claims, 3 cases.
Claims
- Supported7
- Partly supported2
- Contradicted1
- Outdated2
- Supported92The US Department of Justice said a federal jury convicted former Mozambique finance minister Manuel Chang in August 2024 and named Privinvest Group executives as co-conspirators who paid bribes.
- Supported87The English Commercial Court ruled on 29 July 2024 that the Mozambique debt was procured by bribery orchestrated by Privinvest and found the Privinvest entities liable to the Republic.
- Contradicted85Privinvest and its owner Iskandar Safa denied any wrongdoing and said any payments were lawful.
- Partly supported87OCCRP reported in December 2022 that ABB agreed to pay US$315 million to settle a multinational bribery investigation.
- Supported95The US Justice Department and the SEC said in December 2022 that ABB, through subsidiaries, paid bribes to a South African government official at Eskom in connection with the Kusile power station.
- Supported86ABB said it voluntarily disclosed improper payments on the Kusile project and cooperated fully with the authorities.
- Outdated95The US Justice Department said in December 2022 that ABB entered into a three-year deferred prosecution agreement.
- Supported80A Brooklyn federal jury acquitted Privinvest's lead salesman Jean Boustani on all counts in December 2019.
- Outdated64Greek media reported in December 2019 that an Athens court found 22 people guilty in the Siemens and OTE kickback trial and imposed sentences of up to 15 years.
- Supported67Siemens said in April 2012 that its settlement with the Greek state, ratified by the Hellenic Parliament, would reach about EUR 270 million.
- Partly supported85US authorities said in December 2008 that Siemens paid about US$1.4 billion in bribes to government officials around the world.
- Supported94The US Justice Department said in December 2008 that Siemens would pay US$800 million to US authorities and about EUR 395 million in Munich.