In June 2011, a former senior executive with state-owned Global Compact participant China Mobile has been sentenced to death with a two-year reprieve for taking bribes from another Global Compact participant Siemens AG, Caixin magazine reported.
The Higher People's Court of Henan Province upheld an earlier verdict on Shi Wanzhong, former general manager of China Mobile's human resources department, for taking a total of US$5.06 million in bribes together with Tian Qu, a middleman, when Shi was head of China Mobile's Anhui branch from 2002 to 2009.
Note: the Siemens corruption cases have been cleared up after large sanctions were upheld against the company. The company since then set up a Integrity Fund, managed by the World Bank.
Source: Shanghai Daily
http://english.peopledaily.com.cn/90001/90776/90882/7417043.html
This blog provides information on how U.N. Global Compact participants' walk the talk. The GC is a voluntary initiative at the strategic level to engage businesses towards sustainability principles. There is however a risk of 'blue-washing' by covering up corporate misbehaviour and law infringement from large MNEs through poorly enforced 'Integrity Measures' and weak U.N supervision. Let's 'WE', civil society stay tuned!
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