KRTL BioTech

Exclusive: SEC probes Siemens, GE, Philips in alleged China medical equipment scheme

Exclusive: SEC probes Siemens, GE, Philips in alleged China medical equipment scheme

The U.S. Securities and Exchange Commission is investigating Siemens AG, Philips NV and General Electric Co for allegedly using local middlemen to negotiate bribes with Chinese government and hospital officials to sell medical equipment, two U.S. sources with knowledge of the matter told Reuters.