Saturday, January 20, 2007

economy - Big names entangled in Shanghai bribery

The story that two Shanghai employees of consultancy firm McKinsey were detained already emerged last year, but on Friday more names of larger foreign companies emerged in the domestic media, writes the International Herald Tribune.
Over twenty people from higher management Whirlpool, McDonald's, McKinsey and ABB in Shanghai are mentioned in a case that is said to involve US$ 500,000 in bribes. From the few reactions it can be deducted that the cases are already playing for months, but it is unclear why media started to write about it yesterday.

No comments: