HAMBURG (Reuters) -- German supplier Continental has largely replaced its tire sales management team in China on suspicion of corruption, a person familiar with the situation said today.
Several of the people are suspected of having enriched themselves personally through business deals, the person said, adding that the problem was detected through internal checks.
New management has been in place since July, the person added.
Continental declined comment as the case is ongoing.
Financial daily Handelsblatt earlier also reported on the case, saying the company was currently taking legal steps and that the extent to which former employees may have enriched themselves was unclear.