Billion yuan: corruption in DJI has resulted in the largest theft in the history of Chinese technology

Date:

2019-01-21 22:15:06

Views:

3850

Rating:

1Like 0Dislike

Share:

Billion yuan: corruption in DJI has resulted in the largest theft in the history of Chinese technology Source:

According to Bloomberg and other sources, the world's largest drone manufacturer DJI said that due to employee fraud he will suffer losses in the amount of up to one billion yuan (150 million dollars). The company said it fired several employees who inflated the cost of spare parts to put the roll back in his pocket. DJI revealed extensive corruption during the internal investigation and contacted law enforcement.

the

DJI lost billion yuan because of corruption

This case of corruption can be one of the largest in the history of Chinese technology. "DJI strongly condemns any form of corruption and has established a task force to combat high-level corruption for further investigation and strengthening anti-corruption measures", the company said. They say that in the scheme have involved more than 40 people.

After the decree of the President XI Jinping, the Chinese company was forced to strictly fight corruption, in order not to face severe consequences. DJI is a particular prominent company because it owns more than 75% of the market of unmanned drones due to popular consumer models. It employs 12,000 people.

"We have taken steps to strengthen internal controls and created new channels for employees to submit confidential and anonymous reports regarding any violations of the behavior policy in the workplace in the company. We continue to investigate the situation and fully cooperating with the investigating authorities".

And here's a comment provided itself DJI:

"DJI adheres to strict ethical standards for its employees and takes very seriously any violation of our code of conduct. In a recent investigation, the company found that some employees overstate the cost of parts and materials for certain products, for personal financial gain, which was estimated to DJI, could cost the company up to 1 billion yuan. However, 2018 for DJI did not become completely unprofitable.

DJI took quick action to resolve this issue, dismissed a number of employees who violated company policy and contacted law enforcement officers".

What do you think, will it strongly affect the further work DJI? Tell us in our

Recommended

To work with PDF difficult? Try this app

To work with PDF difficult? Try this app

PDFelement — a powerful processor to work with PDF Many of us somehow have to work with documents in PDF format. One needs it in the office, others just prefer to share documentation in PDF format as it is convenient to use and economical in ba...

How to get started with the training of neural networks

How to get started with the training of neural networks

No machine learning can not work none of the neural network. a few years ago neural networks were something outlandish. Now this tool is mastering more and more people. And this industry is evolving at an incredible pace: recently, the neural network...

Why China began to raise pigs the size of a polar bear?

Why China began to raise pigs the size of a polar bear?

Pigs can weigh more than a ton In the article about the successful establishment we mentioned that is one of the largest consumers of pork meat. However, at the moment, Asia is widely distributed so-called African swine fever. This disease is not for...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Again rumor: Intel could buy AMD

Again rumor: Intel could buy AMD

Probably, hardly more bitter struggle than between and AMD. And now, when rumors about a takeover of one company to another again gaining momentum, we can only inflame the discussion. CES ended and the sudden absence of the Genera...

China has offered to Elon musk to move. USA should think

China has offered to Elon musk to move. USA should think

it Seems that Elon Musk still found a reserve airfield — and no, he's not on the surface of the moon. During the visit, the Creator of Tesla and SpaceX to China, the local government gave the owner of the Chinese "green card...

"Mail of Russia" will remotely charge on orders over € 500

From January 1, 2019 tax-free threshold is reduced in two times and amounts to 500 euros for purchases in online stores that are made within one month. Still, it was not clear how the buyers will pay a fee in excess of this thresh...

Bitcoin all? Why the cryptocurrency has broken the price of 3800 $ and it continues to fall?

Bitcoin all? Why the cryptocurrency has broken the price of 3800 $ and it continues to fall?

For those who willingly or unwillingly found themselves in the cryptocurrency world in December 2017 or January 2018, purchase bags of bitcoins to see what is happening now is very painful. This week the price for the first time b...

Update Tkeycoin has increased the capacity of the project

Update Tkeycoin has increased the capacity of the project

the Company TKEY DMCC conducted a large-scale project Obnovlenie Tkeycoin and its technological component. Important changes occurred at all levels, from the design and filling of official online resource to the architecture of Pr...

Elon Musk may lose the position of the head of Tesla and other companies

Elon Musk may lose the position of the head of Tesla and other companies

Hasty message of the founder of PayPal, SpaceX and Tesla Elon musk could destroy his career. In August 2018, the billionaire suddenly announced . They immediately , as the publishing of important business information without notif...

The order of the posts on Twitter will again be adequate

The order of the posts on Twitter will again be adequate

In 2016 Twitter got an algorithm that generates a feed based on the action account, to which you are subscribed. In the end, on the first positions of the list are the popular tweets that were written a few hours ago, and the new ...

Xerox ConnectKey: how to turn a printer into a smartphone

Xerox ConnectKey: how to turn a printer into a smartphone

it's No secret that office MFP over the last few years has evolved greatly and no longer "just print, scan and copy", and a full-fledged assistant for business documents. Connecting the smartphone to the MFP can not be surprised, ...

Former SpaceX engineer creates a cryptocurrency exchange

Former SpaceX engineer creates a cryptocurrency exchange

a Former engineer of the company SpaceX announced that his new company LXDX will launch a public cryptocurrency exchange. Before Joshua Greenwald dealt with issues of automation and propulsion systems in the company Ilona Mask, bu...

The main supplier of chips AMD refused to support new technologies

The main supplier of chips AMD refused to support new technologies

GlobalFoundries, a us company involved in manufacturing semiconductor integrated circuits and is the main producer of the current rulers of Ryzen processors and graphics chips, Radeon AMD announced that it would stop all work asso...

The WEF warns that AI could destabilize the financial system

The WEF warns that AI could destabilize the financial system

Artificial intelligence will certainly change the financial world in the near future, automating investment and other services — but it can also make the imbalance in the systematic weaknesses and risks, according to the World eco...

For two weeks, the cryptocurrency market have fallen by 20 per cent

For two weeks, the cryptocurrency market have fallen by 20 per cent

last year the cost reached 20 thousand dollars. Fans of cryptocurrency believe that this could happen again, but at the moment the market of digital currencies falls. Within two weeks of its market capitalization fell by 20 percen...

As the Internet of things will change the world in 5 years

As the Internet of things will change the world in 5 years

Modern technology continues to transform the world around us. The huge impact of computers and the Internet, and then smartphones. Today we observe how the world is composed of drones, blockchain and the Internet of things. Let's ...

Masternode. How to make money on bitcoin, even when the market is falling

Masternode. How to make money on bitcoin, even when the market is falling

the Most popular variant of earnings on cryptocurrency mining. Here card select and build units to existing chains. Who was the first to find the right combination, and he will receive a reward. Now mining is considered to be disa...

Google translator can bring a lot of money, if add is

Google translator can bring a lot of money, if add is

Google is an incredibly popular products that consistently bring her income from advertising. Among such products, you can select Google search, YouTube, Google Docs and Gmail. There is another very popular product that we don't s...

Save in roaming with the updated app for iOS Zadarma

Save in roaming with the updated app for iOS Zadarma

Almost every second person starts their journey in another country buy a local SIM card — despite the numerous proposals of Russian mobile operators, they can not be called favorable, and the services running on the model of...

When a company name becomes a verb, what does it say

When a company name becomes a verb, what does it say

Wall Street Analyst mark Mahoney is widely known for its successful investments. He invested in technology companies almost without mistakes. He recently spoke at the Fortune Brainstorm Tech conference in aspen, where he spoke abo...

A clear demonstration of how Google dominates in Europe

A clear demonstration of how Google dominates in Europe

Recently, Google was accused of actions aimed at monopolizirovany Europe market. For this the company will pay a fine in the amount of $ 5 billion. Can you really say that Google is a monopoly? To answer this question using the da...

Elon Musk received a frightening letter from supporters

Elon Musk received a frightening letter from supporters

gene Munster, a managing partner Loup Ventures, a venture capital company that invests in virtual reality, augmented reality, artificial intelligence and robotics. Elon Musk – founder of Tesla and SpaceX, genius, and the man who r...

Artificial intelligence will destroy as many jobs as you create

Artificial intelligence will destroy as many jobs as you create

Speaking about artificial intelligence, we are constantly predicting the future, which for people not staying in jobs. Robots and artificial intelligence have replaced people of the service sector, drivers and even those who engag...