War on Corruption

Applied Ethics Centre Video

Following Siemens massive fine in 2008 to violating the internal controls and book and records provisions of the Foreign Corrupt Practices Act (FCPA) they agreed to pay a $450 million fine to the US Department of Justice and $350 million in disgorgement of profits to the SEC. The $800 million settlement has resulted in dramatic changes in the company's policies. In this video Kirk Hanson interviews Rob Weisberg, former diplomat and current Global Ethics Officer for Nokia Siemens Networks on the war against corruption.

Topics: Corruption FCPA Sanctions Siemens