Exclusive: FBI targets Johnson & Johnson, Siemens, GE, Philips in Brazil graft case

Reuters | May 17, 2019 at 4:07 PM
  • The U.S. FBI is investigating corporate giants Johnson & Johnson, Siemens AG, General Electric Co and Philips for allegedly paying kickbacks as part of a scheme involving medical equipment sales in Brazil, two Brazilian investigators have told Reuters.
  • Brazilian prosecutors suspect the companies channeled illegal payoffs to government officials to secure contracts with public health programs across the South American country over the past two decades.
  • Two Brazilian investigators with direct knowledge of the matter confirmed to Reuters that Johnson & Johnson, Siemens, GE, and Koninklijke Philips NV were being targeted by the FBI for alleged bribery in Brazil.