Huawei Technologies’ boss has admitted that some officials of the company are under investigation on graft charges.
An on-going internal investigation has so far rounded up 4 staffers who are believed to have broken the company’s policies relating to corruption. This has been revealed to Reuters by a source familiar with the investigation.
In an attempt to tone down the whole affair, the boss added that the investigation is a routine activity and nothing specific is attachable to it. He said that the whole thing is hyped by the media.
“Where evidence is presented that any of our employees has failed to meet those standards, we take appropriate action,” a spokesperson for the company had said in response to the whole affair.
However, reports appearing in a section of the media have a different story that at least 116 employees of the company have been implicated for providing more than normal rebates to sales agents.
The Shenzhen based Chinese company is among the world’s leading manufacturers of telecom equipment and with plans to enter the smartphone business. Globally, the telecom giant employs approximately 150,000 people. The company has also been under investigation in other countries for official bribing.
Indications are that Huawei had to stop business in the US after an adverse report was presented in the House of Representative citing security threats. It is widely believed that the company has close connections to the People’s Liberation Army and that a former chief had worked with the army. The other countries to have banned Huawei include Canada and Australia.
