#dmcs #Toxins #Bribes #GlaxoSmithKline * GLAXOSMITHKLINE FINED - TopicsExpress

#dmcs #Toxins #Bribes #GlaxoSmithKline * GLAXOSMITHKLINE FINED $488.8M FOR MASSIVE BRIBERY NETWORK * BEIJING -- China has fined the British pharmaceuticals giant GlaxoSmithKline (GSK) $488.8 million (3 billion Yuan) for a massive bribery network to get doctors and hospitals to use its products. Five former employees were sentenced to two to four years in jail, but ordered deported instead of imprisoned, according to state news agency Xinhua today. The guilty verdict was delivered after a one day closed door trail in Changsha, the capital city of Hunan province. The fine was the biggest ever imposed by a Chinese court. The court gave Mark Reilly, former head of GSK Chinese operations, a three-year prison sentence with a four-year reprieve, which meant he is set to be deported instead of serving his time in a Chinese jail. His co-defendants received two to four years prison sentences with reprieves.

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