Menu9/15/14: Most global companies grew up under the shadow of anti-corruption laws that criminalized the “giving side” of bribery. Bribes by employees or third parties to foreign government officials have been the focus of investigations, prosecutions and settlements in the millions or even billions of dollars. But, for every individual paying a bribe, there is...at least one person receiving the bribe. Huawei, China’s largest telecommunications provider, recently took action against 116 employees for soliciting or accepting bribes from outside sales agents, according to a report from Reuters, which referred to an earlier article by news outlet Caixin. With investigations underway about Huawei paying bribes, it’s safe to say that the company knows both sides now.
