Adidas investigating corruption allegations in China: FT
Beijing (AFP) June 16, 2024
German sportswear giant Adidas has launched an investigation into alleged large-scale bribery in China after senior employees were accused of embezzling millions of dollars, the Financial Times reported Sunday. A letter, allegedly written by "employees of Adidas China", accused several Chinese employees by name, the paper reported. Those accused included one of the company's executives i
German sportswear giant Adidas has launched an investigation into alleged large-scale bribery in China after senior employees were accused of embezzling millions of dollars, the Financial Times reported Sunday. A letter, allegedly written by "employees of Adidas China", accused several Chinese employees by name, the paper reported. Those accused included one of the company's executives i