Reg Griswold
2013-08-18 05:23:26 UTC
GlaxoSmithKline 'the big boss' in £300m bribery scandal, China says
UK drugs firm alleged to have used network of more than 700 middlemen
and travel agencies to bribe doctors and lawyers with cash and even
sexual favours
http://www.theguardian.com/business/2013/jul/15/glaxosmithkline-china-bribery-allegations
"China has accused the British pharmaceutical company GlaxoSmithKline
(GSK) of behaving like a criminal godfather, bribing doctors with cash
and sexual favours in return for prescribing its drugs.
Chinese police have detained four senior Chinese executives as part of
an investigation that stretches back to 2007 and involves deals worth
3bn yuan (£320m).
The Chinese investigator leading the inquiry said the head of GSK's
Chinese operations, Mark Reilly, a British national, had left the
country on 27 June.
Gao Feng, the head of China's fraud unit, said: "We found that bribery
is a core part of the activities of the company. To boost their share
prices and sales, the company performed illegal actions."
GSK is alleged to have used a network of more than 700 middlemen and
travel agencies to bribe doctors and lawyers with cash and even sexual
favours.
In a rare public briefing to reporters Gao added, in a clip recorded
by a Daily Telegraph reporter: "There is always a big boss in criminal
organisations, and in this case GSK is the big boss. In order to win
the favour of GSK, some travel agencies don't just offer money to
their executives but also sexual bribes."
Reg
"Trust us, we're experts!"
UK drugs firm alleged to have used network of more than 700 middlemen
and travel agencies to bribe doctors and lawyers with cash and even
sexual favours
http://www.theguardian.com/business/2013/jul/15/glaxosmithkline-china-bribery-allegations
"China has accused the British pharmaceutical company GlaxoSmithKline
(GSK) of behaving like a criminal godfather, bribing doctors with cash
and sexual favours in return for prescribing its drugs.
Chinese police have detained four senior Chinese executives as part of
an investigation that stretches back to 2007 and involves deals worth
3bn yuan (£320m).
The Chinese investigator leading the inquiry said the head of GSK's
Chinese operations, Mark Reilly, a British national, had left the
country on 27 June.
Gao Feng, the head of China's fraud unit, said: "We found that bribery
is a core part of the activities of the company. To boost their share
prices and sales, the company performed illegal actions."
GSK is alleged to have used a network of more than 700 middlemen and
travel agencies to bribe doctors and lawyers with cash and even sexual
favours.
In a rare public briefing to reporters Gao added, in a clip recorded
by a Daily Telegraph reporter: "There is always a big boss in criminal
organisations, and in this case GSK is the big boss. In order to win
the favour of GSK, some travel agencies don't just offer money to
their executives but also sexual bribes."
Reg
"Trust us, we're experts!"