Italy: Italy arrests Siemens, Alstom executives over Milan subway deals

Italian tax police arrested 13 people, including executives of the Italian units of Germany’s Siemens and France’s Alstom, in an investigation into alleged bribery relating to Milan subway contracts, prosecutors said on Tuesday.

Among those arrested were officials at ATM, the Milan municipal transport company, and executives at Italian IT service provider Engineering Informatica and three other contracting companies, Milan prosecutors said in a statement.

The companies themselves were also being investigated, under an Italian law that holds firms liable for crimes by their managers, the prosecutors said, adding that the tax police were searching homes and offices in 15 cities.

The full original article can be found at reuters.com

(Photo: dpa)

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