(Adds Volvo CEO paragraphs 9-10, Atlas Copco comment 11-13) STOCKHOLM, Oct 28 (Reuters) - Truck manufacturer Volvo, cited in a U.N. report on kickbacks to Saddam Hussein's government, said on Friday it did not allow bribes but noted payments to work in Iraq were considered normal at the time. The U.N.-appointed panel investigating the oil-for-food programme said on Thursday that 2,200 companies, including Volvo, DaimlerChrysler and Siemens, had wittingly or unwittingly made payments ...
Premium Content (PAID Subscription Required)
"UPDATE 1-Volvo says many firms paid to work in Saddam's Iraq" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642