Wednesday, Jul 30, 2014Wednesday, Jul 30, 2014
Asia
 

Five ex-employees of Taiwan's Foxconn indicted for bribery

Published on May 21, 2014 4:10 PM
 

TAIPEI (AFP) - Taiwanese prosecutors on Wednesday indicted five former employees of technology giant Foxconn, including senior managers, for allegedly soliciting NT$160 million (S$6.6 million) in kickbacks from suppliers.

The development marks the latest setback for the world's largest maker of electronic components, which has come under the spotlight over labour unrest, a spate of employee suicides and the use of underage interns at its Chinese plants in recent years.

Liao Wan-cheng and Teng Chih-hsien, who were senior managers at a Foxconn procurement unit, were charged with breach of trust for accepting kickbacks from 10 suppliers in exchange for clearing quality checks and buying their equipment, prosecutors said.

A middleman was also charged along with three other former employees after investigators launched island-wide raids earlier this year to search residences and offices of some suppliers.

 
If you are not a subscriber, you can get instant, unlimited access here

Videos