Continental says it takes a “zero-tolerance” approach to corruption following today’s (4 August) news an employee from the supplier is being investigated.
The Frankfurt Prosecution Office told just-auto it was probing the employee for six alleged corruption cases that could see amounts of around EUR70,000 (US$99,000) involved.
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“Of course we have a policy regarding anti-corruption and we have a website in this regard,” a Continental spokesman in Hanover told just-auto.
“There is zero tolerance to this kind of action like possibly this manager of Continental has done in the past. We do have an anti-corruption hotline for all, so you can use it internally or externally.”
Continental added if suppliers felt there were grounds for concern, they could use the hotline to communicate their views.
“All large corporations do have this on their websites,” added the spokesman. “We take this very, very seriously.”
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By GlobalDataThe Frankfurt Prosecutor revealed earlier the manager was a German national who was working on contracts for Continental in Eastern Europe, Africa and Arabia. He is currently in custody.
“We think he took money for making the contracts,” said a spokeswoman for the Prosecution Office of Frankfurt. “We have an arrest warrant and this says there are six cases, around EUR70,000.
“I think it will take time because we try to get information about bank accounts from different countries, from Switzerland, Russia and we can’t say how long.”
