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Adidas Whistleblower Alleges Widespread Bribery in China

Jun 17, 2024

Adidas announced Monday it was opening an investigation into possible “compliance violations” in China, after a whistleblower anonymously sent a letter to company headquarters.

The letter accuses senior executives based in China of getting millions of euros in bribes.

A company spokesperson said Adidas received the letter June 7 and is investigating the matter with external legal counsel. The letter, which accuses executives of corruption and embezzlement of funds, had appeared on Chinese social media platform Xiaohongshu.

Source: Front Office Sports

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