Argentine authorities have raided the Buenos Aires offices of German technology giant Siemens, in an investigation of the payment of bribes during the 1989-99 government of former Argentine president Carlos Menem.
Menem allegedly received a direct payment from Siemens of 16 million dollars. The Munich-based company reportedly expected to pay 100 million dollars in bribes to Argentine officials. German newspaper Sueddeutsche Zeitung reported that Siemens was seeking a 1.26-billion-dollar contract to digitalize Argentine identity documents and other services. The contract was signed under Menem in 1998 but cancelled in 2001 by his successor, president Fernando de la Rua.
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