Ex-MAN Executive Charged With Bribery

German prosecutors accused former head of MAN Turbo AG unit of arranging the payment of a $13.3 million bribe under the guise of a ‘market entry fee.’

FRANKFURT (AP) -- German prosecutors say they have filed bribery charges against a former executive at German truckmaker MAN SE.

Munich prosecutors on Friday accused the former head of the MAN Turbo AG unit Heinz Juergen Maus of arranging the payment of a euro9 million ($13.3 million) bribe under the guise of a "market entry fee" to secure a gas pipeline modernization contract in Kazakhstan.

Their statement came a day after MAN agreed to pay nearly euro150.6 million in fines over alleged corruption. Half of that related to MAN Turbo AG and the other half to the company's truck division.

That ended investigations of the company itself but not of individuals suspected of corruption.

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