China's Tencent fires more than 100 for fraud, embezzlement

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BEIJING: Chinese tech giant Tencent said Monday (Jan 16) it had fired more than a hundred employees for violating company policies, with some referred to police and later found guilty of bribery and embezzlement. The Hong Kong-listed company is the world's top video game maker and the owner of popular supe

BEIJING: Chinese tech giant Tencent said Monday it had fired more than a hundred employees for violating company policies, with some referred to police and later found guilty of bribery and embezzlement.

"The number of cases and personnel investigated and dealt with throughout 2022 has increased compared with 2021," it added. A number of those fired and accused of corruption were part of the company's PCG arm, which oversees its mammoth content output from news to sports and movies.Most notably, one employee was found guilty of"accepting bribes from non-state employees" and sentenced to three years in jail, the company said.last month that the level of corruption at the firm was"shocking", state media reported.

 

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