Police suspect two at management consultancy firm accepted bribes
Leading management consultancy firm McKinsey & Company confirmed yesterday that two employees of its Shanghai office are under investigation by police on suspicion of accepting bribes.
'Two employees of our company's IT department in charge of logistics support are suspected of accepting bribes for purchases. But McKinsey itself wasn't accused of involvement,' a member of the company's public relations department said.
The company declined to give the nationality of the two employees or other details because the police investigation was continuing. 'We're co-operating with the Shanghai Public Security Bureau in the investigation, including providing related documents,' the public relations official said, referring to the police.
On Tuesday, the Ministry of Public Security hailed its achievements in rooting out commercial corruption around the nation, saying it cracked nearly 1,000 cases in the first 11 months of last year, up 54 per cent from the same period in 2005. Nationwide, police arrested 781 people for involvement in the cases.
The ministry cited 10 cases as examples, including one uncovered by Shanghai police in May last year. The case involved bribes worth a total of 1.3 million yuan given to employees of 'several companies', including McKinsey, to win contracts for projects between the end of 2005 and the beginning of last year, the announcement said.