GSK Confirms This Isn't the First Time for China Bribery

Source: The Financial Times

Jul 17, 2014

Amidst a year-long bribery scandal investigation in China, GlaxoSmithKline now admits it fired staff in China for bribing officials back in 2001.

The Financial Times reports that U.S. prosecutors, while investigating the current allegations, will take a closer look at the earlier scandal as well, which involved the firing of about 30 China vaccine business employees for bribing Chinese officials and taking kickbacks.

If the U.S. Department of Justice determines that GSK has demonstrated pattern of corrupt behavior, the department could potentially take a tougher stance towards GSK.

Read the Financial Times article

Show Comments
Hide Comments

Join the discussion

We welcome your thoughtful comments.
All comments will display your user name.

Want to participate in the discussion?

Register for free

Log in for complete access.


No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments