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15 May, 2014

Ex-UK drugs company executive accused of running bribery network in China – The Independent

A former executive at the British drugs company GlaxoSmithKline has been accused of running a “massive bribery network” in China in which hospital staff were paid to use the firm’s medical products and boost sales.

Mark Reilly has been charged with bribery and fraud for allegedly instructing his subordinates to pay off health officials, forcing up drug prices and generating illegal sales for Glaxo worth more than £89 million.

Police claim secret payments were made to doctors, hospital staff and government officials. The scale of the charges, following a 10-month investigation, will come as a blow to David Cameron who lobbied on behalf of Glaxo when he visited China in December.

Read the rest: Former GlaxoSmithKline executive accused of running bribery network in China – Asia – World – The Independent.