Global Advertising Giant WPP said the company has fired executives currently detained in China for suspected bribery and undergoing internal investigations on this matter.
According to the Wall Street Journal, the Shanghai Police Economic Crime Investigation Office said last Saturday (October 21) that three suspects of an unnamed advertising company were detained for criminal crimes for non -public officials;Refers to a current employee and two former employees of the WPP's advertising procurement department, GROUPM.
WPP Monday (October 23) said in the statement: "We cannot comment on the details of the investigation of the police. However, we will terminate the executive's position in the company."
WPP also said that Qunyi will suspend business exchanges with any external agencies that are aware of the scope of police investigation.
According to the Wall Street Journal, the executives who were still hired by WPP when they were detained were Rycan DI.Before the Chinese official raid inspections last week, Qunyi was located in Shanghai's office, and two other executives had resigned from Qunyi.
WPP said that the company has no other comments except the above statement.
