MiHoYo arrests two former employees for bribery involving 'extremely large' sums
Chinese video game developer miHoYo announced on September 21 that two former employees, Sun and Cheng, were arrested for long-term bribery involving suppliers. Sun, from the international team, accepted bribes and kickbacks exceeding criminal prosecution thresholds. Cheng, from the merchandise team, engaged in repeated schemes with multiple suppliers, with amounts surpassing the legal standard for "extremely large" sums under Chinese criminal law. Both have been terminated, blacklisted, and banned from future business dealings. Involved suppliers are under investigation for bribing non-state functionaries and have been permanently blacklisted.
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MiHoYo Says Two Former Employees Arrested for Long-Term Bribery Involving 'Extremely Large' Sums
Chinese video game developer miHoYo (米哈游) announced on September 21 via a financial news outlet that it has uncovered two major bribery cases involving former employees. The company stated that Sun, a former member of its international team, accepted bribes and kickbacks from suppliers during project execution, with the amount far exceeding the criminal prosecution threshold. Cheng, a former employee of the peripheral products team, allegedly engaged in long-term, repeated bribery and kickback schemes with multiple suppliers, with the total amount surpassing the legal standard for 'extremely large' sums under Chinese criminal law. Both individuals have been arrested by police and will be transferred for prosecution. miHoYo has terminated their employment, blacklisted them permanently, and banned any future business dealings with them. The involved suppliers are under investigation for bribing non-state functionaries and have been added to a permanent blacklist. The company vowed to investigate any misconduct without time limits, regardless of the amount, time elapsed, or employment status.
Read sourceMihoyo arrests two employees for taking bribes from suppliers, says sums 'extremely large'
On September 21, Chinese video game company Mihoyo (miHoYo) released an anti-fraud notice detailing two major bribery cases involving employees. The first case involves Sun, a former employee of the international team, who accepted bribes and rebates from suppliers during project execution. The second case involves Cheng, a former employee of the peripheral merchandise team, who repeatedly accepted bribes and rebates from multiple suppliers over a long period. Mihoyo stated that the amounts involved far exceed the criminal prosecution threshold and, in Cheng's case, exceed the legal standard for 'extremely large' amounts under criminal law. Both Sun and Cheng have been arrested by police, their cases will be transferred to prosecutors, and they have been fired and blacklisted permanently. Suppliers involved are also under investigation for bribery and have been blacklisted. Mihoyo vowed to pursue all fraud cases without time limits.
Read sourceMiHoYo employees arrested for bribery, suppliers blacklisted in anti-corruption drive
On September 21, Chinese video game developer miHoYo (HoYoverse) released an anti-corruption notice detailing two major bribery cases involving employees. Sun, a former employee of the international team, was found to have accepted bribes and kickbacks from suppliers during project execution, with amounts exceeding criminal prosecution thresholds. Cheng, a former employee of the merchandise team, repeatedly accepted bribes and kickbacks from multiple suppliers over a long period using concealed methods, with amounts exceeding the 'particularly huge' threshold under Chinese criminal law. Both Sun and Cheng have been arrested by public security authorities and will be transferred for prosecution. miHoYo has terminated their employment, placed them on industry blacklists, and permanently banned them from any business dealings with the company. The involved suppliers and their responsible personnel are under investigation for bribery of non-state functionaries and have been permanently blacklisted. miHoYo stated it will investigate any misconduct without time limits, regardless of amount, timing, employment status, or project completion, and encouraged whistleblowing from employees, partners, and the public.
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MiHoYo Anti-Fraud Report: Two Employees Arrested, Suppliers Blacklisted
On September 21, MiHoYo, the Chinese video game developer, released an anti-fraud notice detailing two major bribery cases uncovered in a special investigation. In the first case, former international team employee Sun used his position to include suppliers as partners and received bribes and kickbacks, with the amount exceeding criminal prosecution thresholds. In the second case, former merchandise team employee Cheng repeatedly accepted bribes and kickbacks from multiple suppliers over a long period, with the amount exceeding the 'extremely large' threshold under Chinese criminal law, facing severe criminal consequences. Both Sun and Cheng have been arrested by public security authorities and will be transferred for prosecution. MiHoYo terminated their employment, blacklisted them through industry alliances, and permanently banned business dealings with them. The involved suppliers' responsible persons are under investigation for bribery of non-state functionaries, and all implicated suppliers have been permanently blacklisted. MiHoYo stated it will investigate any fraud clues without time limits, regardless of amount, time, employment status, or project completion.
MiHoYo arrests two former employees for long-term bribery in anti-corruption drive
On September 21, Chinese video game company MiHoYo released an anti-corruption notice detailing two major bribery cases involving former employees. The first case involves a former employee of the international team, Sun, who used his position to include suppliers as partners and received bribes and kickbacks during project execution, with the amount far exceeding the criminal filing standard. The second case involves a former employee of the peripheral team, Cheng, who repeatedly accepted bribes and kickbacks from multiple suppliers since joining the company, with the amount exceeding the 'extremely large' threshold under criminal law. Both Sun and Cheng have been arrested by police and will be transferred to prosecutors for review and prosecution. MiHoYo has terminated their employment, blacklisted them through industry alliances, and permanently banned them from any business dealings with the company. The involved suppliers are under investigation for bribery of non-state functionaries and have been permanently blacklisted. MiHoYo stated it has established comprehensive anti-corruption systems and will investigate any misconduct without time limits, regardless of amount, duration, or employment status.
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