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Sunday, June 16, 2024

Adidas begins probe into its China unit after 'large-scale bribery' charge

Adidas, the well-known German sports brand, has launched an investigation into a major bribery allegation involving its employees in China. The probe started after the company received a whistleblower complaint. According to a report by Reuters, citing the Financial Times, senior staff in Adidas' China unit are accused of embezzling "millions of euros."

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