Posts Tagged 'corruption'

GlaxoSmithKline Comes Under Investigation for Corruption by Chinese Officials

According to the website of China’s Ministry of Public Security, executives of GlaxoSmithKline’s operations in China confessed to charges of bribery and tax law violations. The Ministry detailed more than $489 million worth of bribes to government officials, medical associations, hospitals, and doctors to boost sales and prices. China’s official newspaper, the People’s Daily, and the Xinhua news agency both reported that Glaxo collaborated with more than 700 travel agencies and consultancies over a six year span to bribe doctors ...

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