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BRIEF-Siemens Ltd internal investigation reveals collusion between certain employees for internal financial fraud
May 11, 2017 / 9:42 AM / 4 months ago

BRIEF-Siemens Ltd internal investigation reveals collusion between certain employees for internal financial fraud

May 11 (Reuters) - Siemens Ltd

* Says internal investigation by co revealed collusion between certain employees for internal financial fraud resulting in an impact of 190 million rupees

* Says fraud spread over several yrs prior to 31 Mar 2011 been perpetrated over co

* Says there is no impact of the collusion on the profit for the quarter or six months ended march 31 or the year ended sept 30

* Says disciplinary action taken against concerned employees Source text for Eikon: Further company coverage:

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