Rumor: ZTE Executives Detained in Mongolia Bribery Investigation: "It seems every day we come across another rumor about Chinese telecommunications firm ZTE, but unlike last week’s rumor, this one has nothing to do with the company’s dire financial situation. China’s IT Business News is reporting that according to anonymous but knowledgable sources, ZTE’s Mongolia office is being investigated for bribery.
According to the report, Mongolian anti-corruption officials received a report and investigated ZTE’s office as well as the residences of some executives and confiscated documents in addition to detaining upper management personnel. Exactly how many were detained is not specified in the report, but the IT Business News‘s sources claim that Mongolian authorities have already uncovered proof of bribery in connection with a Mongolian national digital education project."
'via Blog this'
