MAN launches special internal investigation
Commission payments are permissible in principle if used to compensate actual performance. According to the public prosecution office, however, there are grounds to suspect that the relevant regulations in force were breached when commission payments were paid between 2002 and 2005.
This matter must now be clarified. MAN is cooperating closely with the public prosecution office.
Compulsory conduct guidelines and clear rules that have been further developed in recent years apply to all employees at MAN. They forbid MAN Group employees from conferring benefits of any kind with the aim of obtaining orders or unfair advantages for MAN or other persons. In addition, MAN's compliance system includes a compliance officer and a steering committee tasked with enforcing the rules, a compliance hotline and two external ombudspersons who employees can also contact anonymously.
The Code of Conduct includes a clear belief in free and fair competition.
MAN does not tolerate any illegal or irregular conduct by employees.
The MAN Group is one of Europe's leading industrial players in transport-related engineering, with revenue of approximately €15 billion in 2008. As a supplier of trucks, buses, diesel engines, turbo machinery and special gear systems, MAN employs approximately 51,300 people worldwide. Its business areas hold leading positions in their respective markets. MAN AG, Munich, is listed in the DAX (German Stock Index), which comprises Germany's thirty leading stock corporations