According to online allegations, Tao Mingzhe, deputy director of Shenzhen (Guangdong Province) People’s Hospital’s anesthesiology department, took bribes worth millions of dollars from drug and medical device companies, and has two mistresses. Pharma companies allegedly paid for Tao to go on sightseeing trips and attend symposiums. He is being investigated by anti-corruption authorities. The hospital said Tao is still at his post. http://fanfu.people.com.cn
Entries in China (313)
After a brief end-of-the-semester hiatus we’re picking back up our series on Wal-Mart’s victims. And we’re less than half-way through.
Las Vegas Sands Corp. said Friday that an internal investigation by its Audit Committee found 'likely violations of the books and records and internal controls provisions of the FCPA.' But after improvements, the company's internal controls now have no 'material weakness.'
Last week, Iron Man 3 opened in China. It's a huge hit there as it is in the U.S.
In Zhangzhou (Fujian Province), Lin Yuhong and Wu Jinrong were arrested for allegedly selling 40 tons of diseased pig corpses to meat processing plants in other provinces, reaping more than $486,510 in the process. The pair were hired by the local government to dispose of the pig corpses. http://news.xinhuanet.com
Covidien’s chief Asia-Pacific compliance counsel Jessie Yap recently said most healthcare firms in Asia sponsor doctors to attend conferences, a practice Yap said influences purchasing decisions “significantly.”
Florida-based Harris Corporation said this week it has received a 'formal order of investigation' from the SEC relating to the operations of its Carefx subsidiary in China.
He Shaoliang, deputy director of the United Front Work Department of Yangchun City (Guangdong Province), was sacked and stripped of his posts as authorities launched a probe into rape allegations against him. The alleged victim claims she fell pregnant after He raped her in 1994. The victim later sued He for child support, and filed a complaint to local disciplinary authorities. He and his accuser reportedly reached an out-of-court settlement whereby He agreed to pay university tuition for his alleged son. http://news.xinhuanet.com
IBM said in an SEC filing this week that the DOJ has opened an FCPA investigation into transactions in Poland, Argentina, Bangladesh, and Ukraine. 'The DOJ is also seeking information regarding the company’s global FCPA compliance program and its public sector business,' IBM said.
A government official surnamed Guo recently died after drinking to excess at a banquet held in his honor in the Hechuan district of Chongqing, according to online allegations. Jiang Yonghua, Party secretary of Heyangcheng subdistrict, was removed from his post amid a district-level probe into the matter. http://news.sina.com.cn