After two years of negotiations, the German company Rheinmetal reached a compromise with the insurance companies of the Axa and HDI executives regarding the fine it will pay for the corruption case with millions of euros in bribes to intermediaries in Greece who took care of placing orders. air defense systems, 2001-2011.
The amount to be paid is 6,75 million euros.
This is much less than the € 37 million fine imposed by the Bremen Public Prosecutor's Office in 2014. "Rheinmetal admits that the company's loss is well above this amount, referring to the € 42 million paid to Greek intermediary, the fine of 37 million euros which was imposed as well as 4 million euros for investigations and lawyers, ie a total of 90 million euros.
Apparently, the company wants to close the case, so it advises its shareholders to agree to the compromise because it would be difficult to reach a larger amount in court, since the Greek mediator is now very old. "A public lawsuit also carries the risk of damaging the company's image, which could create a 'distorted view' of Rheinmetal," Welt.