HardOCP News
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- Dec 31, 1969
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A member of the Siemens corporate executive committee has been arrested, charged with breach of trust and relieved of his executive duties.
The move came a day after Mr Feldmayer, seen in the past as a potential chief executive of the German group, was arrested in connection with an investigation by Nuremburg prosecutors into whether Siemens illegally financed a friendlier rival to its main trade union. Prosecutors also raided Siemens offices throughout Germany for a second time over the affair.