Ren Zhengfei, the founder of the Chinese telecommunications giant Huawei, has come forward in a rare media appearance today to announce that his company has just carried out a campaign to purge the company of fraud. The campaign involved offering leniency to employees who came forth and admitted that they violet company policy.
In a rare media appearance, Ren Zhengfei, the founder of Huawei, the Chinese telecommunications equipment maker, said on Thursday that the company recently carried out a campaign aimed at cutting back fraud in the company. Mr. Ren said that 4,000 to 5,000 employees had come forward to admit to various improprieties as part of a “confess for leniency” program that the company set up last year, according to an interview that was streamed live from the annual meeting of the World Economic Forum in Davos, Switzerland. “The biggest enemy we’ve run into isn’t other people, it’s ourselves,” he said.
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