Drone Maker DJI Reveals Corruption That Cost It 1 Billion Yuan Last Year

DJI Technology Co. Ltd., the world’s largest manufacturer of consumer drones, has revealed a series of internal corruption cases that cost it 1 billion yuan ($150 million) in 2018.

A total of 45 employees were caught, 29 of whom were fired and the other 16 handed over to local law enforcement departments, the Shenzhen-based company said in an internal statement seen by Caixin on Friday. Most of the fraud cases were linked to DJI’s supply chain management and procurement department.