4 votes

Big Pharma GlaxoSmithKline Under ARREST for Economic Crimes

Bribery. Payoffs. Sex. Price fixing.
Here it's called 'Lobbying'. China will put British drugmaker GlaxoSmithKline execs in Jail.


http://youtu.be/iB1Lzc9cc8o

The Ministry of Public Security announced last week that some senior executives from GSK China were being investigated for suspected bribery and tax-related violations.

They offered large bribes to government officials, medical industry associations and foundations, hospitals and doctors in order to expand the company's market in China and raise the price of its medicine.
http://english.cri.cn/6826/2013/07/15/2701s775843.htm

►The answer of course is Fascism and Taxation.. silly China insists on Nationalism.
When are they going to get with the (NWO) program????

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bumping

anything not zimmerman :)

the Police Inspector's worldview:

This quote captures the Police Inspector's worldview:
"Frankly speaking, from our investigation we have also found some clues of illegal money transfers involving other foreign companies. Whether they have been involved in these allegations we are not so sure now. Probably you better ask them yourself.
One question is enough: Can you sleep well at night?" he said.

►Fault them.. castigate their 'brutal' system.. no arguments...
one thing tho..
Their 'Public Servants' are MUCH more attuned and OPPOSED to
'crimes against the People'.
I miss that.
Cheers,
G.

gee... sounds like Medicare

"medicine that cost 30 yuan to make could be sold for 300 yuan.

The sums quoted by the police, if correct, suggest that GSK was spending a significant proportion of its annual sales revenue on bribing doctors. In 2012, the company’s sales in China rose 17pc, to nearly £759m, from 2011, according to the company’s annual report."

Economic Crime in a Communist country.

700 middlemen

700 middlemen through which the pharmaceutical giant allegedly funnelled money to health officials and doctors

GlaxoSmithKline behaved like a criminal "godfather" in China, dispensing some 3 billion yuan (£323m) in bribes since 2007

The police described a system by which GSK allegedly used "travel agencies" and "consultancies" to disburse bribes. They used travel agents as a money platform.

the travel agencies would allegedly invent corporate meetings that required staff travel. The budget for these fictitious meetings would then be used to bribe doctors to prescribe GSK drugs.

"Each doctor had a credit card from the company. The kickbacks were transferred to the cards the day after drugs were prescribed," the newspaper claimed.
http://www.telegraph.co.uk/finance/newsbysector/pharmaceutic...