Glaxo Smith Kline fined 3 bn after bribing
Glaxo. Smith. Kline fined $3 bn after bribing doctors • GSK was fined $3 bn (£ 1. 9 bn) in 2012 after it admitted to bribing doctors to encouraging the prescription of unsuitable antidepressants to children. • The company encouraged sales reps in the US to mis-sell drugs to doctors and lavished hospitality on those who agreed to write extra prescriptions, including trips to resorts in Bermuda, Jamaica and California. Psychiatrists and their partners were flown to fivestar hotels on all-expenses-paid trips. They could enjoy diving, golf, fishing and other activities. * Sales reps in the US encouraged to mis-sell antidepressants Paxil and Wellbutrin and asthma treatment Advair cisi. org
Bank of England’s chief foreign exchange dealer dined with forex scandal banks • Martin Mallett accepted hospitality from the banks at the heart of the forex scandal. • He was dismissed 24 hours before the findings of an investigation were published in which he was criticised for not flagging concerns about the possibility of collusion and improper behaviour in the forex market. • He had lunch with representatives from the banks in a number of expensive, exclusive restaurants and Clubs around London. * cisi. org
Former Bolton striker charged with conspiracy to commit bribery • Delroy Facey, who played for Bolton between 2002 -2004, was arrested in November 2013. • The charges relate to an ongoing match-fixing investigation, where footballers were paid to influence the outcome of matches so that others could profit through betting on the result. • Facey appeared in court and was bailed until 13 April 2015 * cisi. org
FIFA Scandal • Seven senior FIFA officials were arrested in Switzerland accused of bribery, racketeering and money-laundering involving tens of millions of dollars. The aim of the bribes was to influence the outcome of bids to stage tournaments such as the 2010 World Cup in South Africa and the 2016 Copa America in the US, prosecutors say. * • The Swiss Attorney General's office has separately announced investigation into the allocation of the 2018 and 2022 bids. • Labour MP Chris Bryant, the UK shadow secretary of state for culture, said: "Sepp Blatter's antics remind me not so much of the hokey-cokey as Glenn Close in Fatal Attraction. ” Source: BBC Sport, June 2015 cisi. org
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