Chinese gaming and social media company Tencent said it fired nearly 70 employees last year as part of its ongoing anti-graft campaign and will stop doing business with 13 Chinese firms that have violated its anti-bribery standards.

Tencent’s anti-fraud investigation department issued the announcement Tuesday on the company’s WeChat account. At least 10 cases involving bribery and embezzlement were referred to police for suspected criminal offenses, according to translations of the company’s statement.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...