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China says GSK execs confess to bribery and tax crimes

Started by riky, July 12, 2013, 09:00:22 AM

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riky

China says GSK execs confess to bribery and tax crimes

<p><a href="http://news.yahoo.com/china-security-ministry-says-gsk-execs-confess-crimes-061601706.html"><img src="http://l2.yimg.com/bt/api/res/1.2/8pqgMqHWnO4STw7y5E7JDA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-11T163418Z_2_CBRE96A0WCY00_RTROPTP_2_GSK-CHINA-CRIME.JPG" width="130" height="86" alt="A man walks in front of a A GlaxoSmithKline factory at Pudong district in Shanghai" align="left" title="A man walks in front of a A GlaxoSmithKline factory at Pudong district in Shanghai" border="0" /></a>By Michael Martina and Adam Jourdan BEIJING/LONDON (Reuters) - GlaxoSmithKline executives in China have confessed to bribery and tax violations, the country's security ministry said on Thursday, during one of a string of investigations into foreign firms in the world's second-biggest economy. The ministry said the case against Britain's biggest drugmaker involved a large number of staff and a huge sum of money over an extended period of time, with bribes offered to Chinese government officials, medical associations, hospitals and doctors to boost sales and prices. ...</p><br clear="all"/>

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