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Europe Daily Bulletin No. 10809

19 March 2013
ECONOMY - FINANCE - BUSINESS / (ae) eib
Siemens reaches settlement with EIB

Brussels, 18/03/2013 (Agence Europe) - On Friday 15 March 2013, the European Investment Bank (EIB) and Siemens reached a settlement over alleged violations of the EIB's anti-fraud policy in the past in projects funded by the bank. The settlement follows an investigation by the EIB, with the backing of Siemens and OLAF, into the action of a Siemens body in connection with a call for tender.

Under the settlement, Siemens agrees to ensure that the body in question voluntarily refrains from...

Contents

ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
BUSINESS NEWS NO 54
WEEKLY SUPPLEMENT