DJI Admits To Company Corruption Issue
Drone maker DJI whose products are used by Australian security agencies and police forces have admitted that they have a ‘Company corruption problem’.
DJI accounts for 74% of the drone aircraft market, according to a report by Skylogic Research published late last year.
The Shenzhen-based firm also makes camera stabilisers – known as gimbals who are popular at camera stores such as Teds Cameras and mass CE retailers.
Now the world’s bestselling drone-maker, has moved to address the corruption issue promising to take “painful” steps to tackle what appears to be an epidemic corruption problem for another Chinese technology Company.
What has already been revealed is that some employees had inflated the cost of components and materials it used, for personal gain.
DJI blamed “inefficient and ineffective management processes” in part.
But it added that it could not ignore cases of “outright theft”.
“While mature companies have established the training, controls and management protocols to limit these issues, DJI has in the past emphasised corporate growth over new internal processes,” the statement added.
“DJI will now take a leading role in developing clear policies, procedures and expectations to address corner-cutting and employee theft. We call on more companies to take similar steps.”
Earlier this month the Chinese Company admitted that fraud had been detected involving 45 suspected members of staff had cost it up to $50M, the sum was seen to be significant if not calamitous for the business.
At the time, it said it had dismissed 29 of the workers and reported 16 to the police.
The company’s total workforce is about 14,000 employees.
This is not the first Chinese tech Company to identify corruption issues.
Late last year the Apple-backed ride-hailing firm Didi Chuxing announced it had dismissed 83 people over allegations of fraud, the receipt of bribes and other suspected illegal behaviour.
The same month, Bytedance – the firm behind the short-form video app TikTok – revealed it had reported two executives to the police in 2018 for allegedly accepting bribes, including luxury cars.
And e-retail giant Alibaba said the president of its video-streaming unit Youku had been arrested on 3 December as part of an investigation into the “alleged acceptance of improper payments”.