U.S. FCC fines Siemens $175,000 for failing to disclose felonies
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Siemens AG logo is seen during official opening of headquarters in Munich, Germany, June 24, 2016. REUTERS/Michaela Rehle
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WASHINGTON (Reuters) - Siemens Corp and Siemens Medical Solutions, units of Siemens AG
Under FCC rules, wireless license holders, like Siemens, Siemens Medical, and some of their subsidiaries, are required to disclose any felony convictions in their license applications, the FCC said in news release.
The FCC said an investigation found that Siemens AG pleaded guilty in 2008 to violating the Foreign Corrupt Practices Act. Siemens, Siemens Medical, and some of their subsidiaries failed to meet their statutory and regulatory obligation to timely disclose the felony conviction on applications filed between 2007 and 2015, the FCC said.
(Reporting by Eric Beech; Editing by David Alexander)
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