GlaxoSmithKline routed China bribes through travel agencies: police

[riky]

GlaxoSmithKline routed China bribes through travel agencies: police

<p><a href="http://news.yahoo.com/china-police-glaxosmithkline-broke-law-boost-sales-prices-025203054.html"><img src="http://l2.yimg.com/bt/api/res/1.2/TzqWqVcawtVz49jNyazRVQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-07-15T062524Z_2_CBRE96E07YX00_RTROPTP_2_GSK-CHINA.JPG" width="130" height="86" alt="The logo of GlaxoSmithKline is seen on its office building in Shanghai" align="left" title="The logo of GlaxoSmithKline is seen on its office building in Shanghai" border="0" /></a>By Michael Martina BEIJING (Reuters) - British drugmaker GlaxoSmithKline Plc channeled bribes to Chinese officials and doctors through travel agencies for six years to illegally boost sales and to raise the price of its medicines in China, police said on Monday. Four senior Chinese executives from GlaxoSmithKline (GSK) had been detained, said Gao Feng, head of the economic crimes investigation unit at the Ministry of Public Security. Since 2007 the company had transferred as much as 3 billion yuan ($489 million) to more than 700 travel agencies and consultancies, Gao told a news conference. ...</p><br clear="all"/>

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