Medical and Hospital News  
UAV NEWS
Staff fraud may cost China's DJI drone maker $150 million
by Staff Writers
Shanghai (AFP) Jan 21, 2019

Chinese drone maker DJI has placed 45 employees under investigation for alleged fraud that could cost the company more than one billion yuan ($150 million) in losses, the firm said Monday.

The world's top civilian drone maker said in an internal memo that most of the employees involved in the fraud worked in the supply chain, and 29 were fired while 16 were reported to the police.

The case is expected to involve more than 100 people and many people will be facing a sentence in jail, according to Friday's memo, whose authenticity was confirmed by a company spokeswoman on Monday.

The initial investigation is just "the tip of the iceberg," the spokeswoman told AFP.

The memo said the employees fraudulently inflated the prices of parts for personal financial gains.

The staffers received kickbacks from suppliers that charged double or triple the price to sell parts to DJI, the memo said.

A company spokeswoman said DJI has established a special anti-corruption group to conduct in-depth investigations.

"DJI will not tolerate corruption because of the rapid development and will not stop its development because of corruption," she told AFP.

The company has become the latest in a string of Chinese tech firms dealing with internal misdeeds in recent months.

China's dominant ride-hailing firm Didi Chuxing uncovered more than 60 cases of corruption within the company last year.

Yang Weidong, former president of Alibaba's video-streaming platform Youku, stepped down and was put under investigation in December on suspicion of accepting improper payments, according to Chinese media.


Related Links
UAV News - Suppliers and Technology


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


UAV NEWS
New study shows animals may get used to drones
Washington DC (SPX) Jan 17, 2019
A new study in Conservation Physiology shows that over time, bears get used to drones. Previous work indicated that animals behave fearfully or show a stress response near drone flights. Using heart monitors to gauge stress, however, researchers here found that bears habituated to drones over a 3 to 4-week period and remained habituated. Unmanned aircraft systems provide new opportunities for data collection in ecology, wildlife biology, and conservation. Yet, several studies have documented chang ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

UAV NEWS
Three migrants dead, 15 missing off Libya: Italian navy

US extends troop deployment at Mexico border

Tech to the rescue: New products aim to improve disaster relief

Global natural disasters wreak $160 bn damage in 2018: Munich Re

UAV NEWS
Magnetic North's erratic behavior forces update to global navigation system

US Air Force contracts Lockheed Martin to continue GPS ground control supprt

GPS-denied navigation on small unmanned helicopters

China's BeiDou officially goes global

UAV NEWS
China's population growth slows despite two-child policy

AI-powered genomic analysis reveals unknown human ancestor

Understanding our early human ancestors: Australopithecus sediba

Scientists confirm pair of skeletons are from same early hominin species

UAV NEWS
Hong Kong failing to tackle wildlife smuggling epidemic: study

Geneticists accidentally engineer mice with especially short, long tails

Butterflies, the unlikely victims of Trump's border wall

Ecologists: Alaska wildlife management threatens state's largest carnivores

UAV NEWS
Hong Kong scientists claim 'broad-spectrum' antiviral breakthrough

Chinese children given expired polio vaccines in latest scare

Danish malaria vaccine passes test in humans

An ancient strain of plague may have led to the decline of Neolithic Europeans

UAV NEWS
Canada asks China for clemency for convicted drug trafficker

Above the concrete canopy: Hong Kong from the sky

Macau denies entry to Hong Kong former activist leader

Age no barrier for China's senior catwalk models

UAV NEWS
UAV NEWS








The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.