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Siemens Sued For $1.5B Over Alleged Mexican Oil Bribes

By Max Stendahl ( December 13, 2012, 5:38 PM EST) -- Petroleos Mexicanos, Mexico's state-owned oil company, hit Siemens AG with a $1.5 billion suit filed in New York federal court Wednesday, alleging the conglomerate bribed government officials to secure a lucrative refinery construction contract as part of a criminal scheme....

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