BYD's Q1 2021 Anti-Corruption Bulletin is out. For those unfamiliar, BYD releases all internal cases of corruption every quarter.
I know I say this a lot, but I've never seen this much transparency from a company.
There were seven cases this quarter.
Translated:
$BYDDF $BYDDY
I know I say this a lot, but I've never seen this much transparency from a company.
There were seven cases this quarter.
Translated:
$BYDDF $BYDDY
1. Mr. Liao, a senior mechanical engineer of the Second Division, received non-monetary kickbacks from a supplier.
2. Duan, a production foreman of the Nineteenth Division, played Mahjong with suppliers and exchanged money from the game.
2. Duan, a production foreman of the Nineteenth Division, played Mahjong with suppliers and exchanged money from the game.
3. Process Engineer Zheng of the Nineteenth Division, Production Foreman Yu, Production Team Leader Hu, and Painter Zhang played Mahjong with suppliers.
4. Liao, the head of the research group of the Equipment Technology Center of the Electronics Business Group, accepted a bribe from a supplier.
5. Mr. Gu, a resource development engineer at the Supply Chain Management Center of the Electronics Business Group, violated regulations and accepted banquets and gifts from suppliers.
These gifts can range from a pen, to an iPad.
These gifts can range from a pen, to an iPad.
This is my favorite
6. Li, a security guard of the third business department of the rail business, was detained by BYD security officers on suspicion of opening a casino; a scrap recycler turned him in.
BYD security turned him over to local authorities.
6. Li, a security guard of the third business department of the rail business, was detained by BYD security officers on suspicion of opening a casino; a scrap recycler turned him in.
BYD security turned him over to local authorities.
7. Security team leader Shen, security team leader Zhou, and security team Zhang of the third business unit of the rail business violated BYD rules by accepting a meal from a third-party waste recycling company.
BYD has 224,000 employees.
BYD's Audit & Supervision Department is responsible for supervision, auditing, compliance, discipline inspection, and other departments, and is independent of various business departments to carry out comprehensive review and supervision work.
BYD's Audit & Supervision Department is responsible for supervision, auditing, compliance, discipline inspection, and other departments, and is independent of various business departments to carry out comprehensive review and supervision work.
Wang Chuanfu makes all vice presidents, CEOs, COOs of various business groups, general managers of various business units & other senior management personnel swear by an "Oath of Integrity" and sign the "Corruption & Self-discipline Commitment of the Company's Senior Management.
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