Siemens denies graft charge

SHANGHAI: German industrial group Siemens yesterday denied an allegation that the bulk of its business in China is tainted by bribery, and vowed to take a zero-tolerance approach to anyone who violates its internal policy.

Over half of Siemens' businesses in China are tainted by bribery, German media WirtschaftsWoche has quoted unnamed sources as saying.

Investigation into the bribery claim is still under way, said Richard Hausmann, president and CEO of Siemens China.