Chinese police investigate Schindler managers

Two managers working for elevator and escalator manufacturer Schindler in China have been taken in for questioning by police in Shanghai. One of the individuals is the managing director of Schindler China.

Schindler said it did not know the full details of the allegations, but said police were investigating the possibility of embezzlement from the company by elements of its sales force, the taking of bribes and the possible payment of bribes.

A company statement said, “Schindler is working closely together with the authorities and will provide further information as soon as proven facts have been established.”