Italy arrests Siemens, Alstom executives over Milan subway deals

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Italian tax police arrested 13 people, including executives of the Italian units of Germany's Siemens and France's Alstom , in an investigation ...

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."We've just been informed of the facts. An investigation is currently under way and we are cooperating with the authorities," an Alstom spokesperson told Reuters in an email.

 

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