21 December 2008

Local "consultants" play role in Siemens bribery scandal

"The most common method of bribery involved hiring an outside consultant to help “win” a contract. This was typically a local resident with ties to ruling leaders. Siemens paid a fee to the consultant, who in turn delivered the cash to the ultimate recipient."

From NYTimes article on how the German firm Siemens regularly used bribery to win overseas contracts. I'll be thinking twice next time I see a Bermudian acting as "consultant" to an overseas firm bidding in Bermuda. Like, maybe Kurron? Who knows!

3 comments:

Anonymous said...

Kurron? Try Bazarian in St. George's. Who is the "local agent" for Bazarian? E. Michael Jones.

Ben said...

Yeah, I really hope that he's not caught up in anything - either knowingly or otherwise.
You hear so many stories about his generosity towards visitors, something that I've witnessed firsthand, so it would be a terrible blow if his involvement wasn't kosher.

jb james said...

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