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Siemens probed over Iran exports

DDP/The Local · 12 Dec 2009, 13:04

Published: 12 Dec 2009 13:04 GMT+01:00

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The German government is considering prosecuting the Siemens corporation for selling two pieces of technology to Iran that could have been used for missile launches and nuclear power, news magazine Der Spiegel reported Saturday. The two instances are currently being discussed by the government's export commission.

One of the cases under investigation concerns a shipment of turbo-compressors seized by customs authorities in the port of Hamburg, which investigators believe could have been used in Iran's rocket programme. The high-tech components, valued at €16 million, are part of a package worth €80 million. The delivery was apparently on its way from a Siemens base in Sweden to Iran.

In the other case, the British navy stopped a ship near Dubai, on its way to Iran from China, containing computers used for control engineering. The computers, which can be used for operating nuclear power stations, had apparently been delivered by Siemens to a Chinese address and had been ordered by an Iranian firm.

A Siemens spokesman denied the company had broken export restrictions. "Our business activities in Iran serve exclusively civilian purposes and follow international regulations," he told the magazine. But the spokesman refused to answer questions on the specific cases.

Story continues below…

DDP/The Local (news@thelocal.de)

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Your comments about this article

18:39 December 12, 2009 by Frenemy
Wow!! The tingling feeling I'm currently experiencing has got to be Schadenfreude (I got turned down twice for strategic-analysis management jobs by these Siemens clowns a few years ago. They thought their current in-house people were more senior/qualified for risk-assessment....how about now?!) hahahaha :-D
01:10 December 13, 2009 by Fredfeldman
Some people will do anything for money.
02:38 December 13, 2009 by Frenemy
true. but this isn't a moral/ethical dilemma, It's a cost/benefit analysis situation.

These geriatric tossers thought they could play by old-school rules....wrong! As long as companies like Siemens keep hiring "tenured" industry veterans, they will continue to f#ck up as an institution (just like this)....these old chaps (no offense) just don't understand how the geopolitical game is played anymore....they still think about going to catch a brewsky at checkpoint charlie....
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