In its 2008 settlement of bribery charges with the U.S. government, Siemens AG agreed to pay $ 350 million in disgorgement of profits (a form of confiscation) in addition to $ 100 million in fines plus additional penalties to German authorities. In a subsequent settlement with the World Bank Group, Siemens committed to invest a further $ 100 million in a global initiative to support anti-corruption organizations and projects to counter corruption in the private sector. As of March 2023, around $ 120 million has been committed to 85 projects in more than 50 countries through this initiative.
Source: Siemens Integrity Initiative Annual Report 2022, https://baselgovernance.org/sites/default/files/2023-06/2022%20Annual%20Report%20of%20the%20Siemens%20Integrity%20Initiative.pdf
