| inbluevt | Date: Friday, 2013/07/12, 8:40 PM | Message # 1 | DMCA |
|
|
Private
Group: Blocked
Messages: 1024
|
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.
GlaxoSmithKline Plc (GSK) executives also used fake receipts in unspecified tax law violations, it added.
China has targeted foreign firms on multiple fronts in recent months, including alleged price-fixing, quality
controls and consumer rights, forcing companies to defend their
reputations in a country where international brands often have a
valuable edge over local competitors in terms of public trust.
More
|
|
|
| |
Main 
