LONDON (dpa-AFX) - GlaxoSmithKline Plc (GSK, GSK.L), facing bribery scandal in China, said on Monday that Certain senior executives of GSK China appear to have acted outside of the company's processes and controls which breaches Chinese law.
Following a meeting with the Chinese Ministry of Public Security to discuss their investigation into GSK, Abbas Hussain, President International - Europe, Japan, Emerging Markets & Asia Pacific said, 'We have had a very constructive meeting with the Ministry of Public Security, and we are very grateful for their time. GSK is taking this situation extremely seriously and that is why we are here.'
'Certain senior executives of GSK China who know our systems well, appear to have acted outside of our processes and controls which breaches Chinese law. We have zero tolerance for any behaviour of this nature. I want to make it very clear that we share the desire of the Chinese authorities to root out corruption wherever it exists,' Abbas Hussain said.
The company said it will continue to work together with the Chinese Ministry of Public Security and it will take all necessary actions required as this investigation progresses.
The company noted that it fully supports the efforts of the Chinese authorities in their reforms of the medical sector and stand ready to work with them to make the changes for the benefit of patients in China.
The company stated that it will actively look at its business model to ensure it makes a significant contribution to meeting the economic, healthcare and environmental needs of China and its citizens.
Copyright RTT News/dpa-AFX