Siemens is suspected of having greased the palms of various officials to clinch one of the country’s most lucrative contracts.
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Siemens, Daimler, Rheinmetall – the cream of German industry – have been mired in cases of alleged corruption in Greece, the country that Berlin has repeatedly admonished for the parlous state of its economy.No date has been set yet for 19 former executives of German engineering group Siemens to appear in Greek court, but it is expected to be one of the biggest financial trials of the decade in Greece.Overall, Siemens allegedly spent 70 million euros ($78 million) on bribes in Greece, according to Greek judicial sources.Arms procurement has been another lucrative field for German companies, with Greece for years spending the most money proportionately on defense – 2.2 percent of gross domestic product in 2014 – among EU members, Sahra Wangenknecht, a lawmaker of Germany's leftist party Die Linke, told AFP.
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