Adidas probes its China unit after large-scale bribery charge - Qoneqt
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    Shiv Dixit in News

    16 Jun 01:22 PM


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    Adidas probes its China unit after large-scale bribery charge

    Adidas, the well-known German sports brand, has launched an investigation into a major bribery allegation involving its employees in China. The probe started after the company received a whistleblower complaint. According to a report by Reuters, citing the Financial Times, senior staff in Adidas China unit are accused of embezzling "millions of euros."