China security ministry says GSK execs confess to economic crimes

China security ministry says GSK execs confess to economic crimes

BEIJING (Reuters) - Executives of British drug maker GlaxoSmithKline Plc in China have confessed to charges of bribery and tax law violations after initial questioning by Chinese police, China's security ministry said on Thursday. The company is suspected of offering bribes to government officials, medical associations, hospitals and doctors to boost sales and prices, the ministry said in a statement on its website. GSK is also suspected of using fake receipts in unspecified tax law violations, the ministry said. ...

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