Shanghai Bribery Inquiry Ensnares Big Firms – David Barboza

From The New York Times:

The police have detained 22 people in a investigation that has ensnared some of the world’s biggest companies, including McDonalds, Whirlpool, McKinsey and ABB, according to reports in the state-run news media.

The government did not announce formal charges, disclose who was detained or offer a full list of the companies involved. But the news reports said today that the bribes in the case totaled about $500,000, and that some of the people detained were “company directors and senior employees.”[Full Text]

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