Adidas probes alleged ‘large-scale bribery’ by staff in China: Report
Which division's senior manager is allegedly involved in receiving bribes, and what forms did these bribes reportedly take?
The senior manager from a different division allegedly received "millions in cash from suppliers and physical items such as real estate." The specific division is not mentioned in the text.
How has Adidas involved external parties in the investigation of the bribery allegations?
Adidas has involved external parties in the investigation of the bribery allegations by engaging external legal counsel to assist in the inquiry. The company acknowledged receiving the anonymous complaint and stated that it takes allegations of possible compliance violations very seriously. Adidas is committed to complying with legal and internal regulations and ethical standards in all markets where it operates. The external legal counsel is assisting Adidas in conducting a thorough investigation into the matter.
What are the reported consequences for the individuals accused in the bribery case in Adidas China?
There is no information provided on the consequences for the individuals accused in the bribery case in Adidas China. The investigation is still ongoing, and no specific actions or penalties against the accused individuals have been mentioned.