🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

China says GSK-linked trial being handled according to law

Published 08/07/2014, 10:11
China says GSK-linked trial being handled according to law
GSK
-

BEIJING (Reuters) - The trial of a couple arrested last year following work they did for British drugmaker GlaxoSmithKline PLC in China will be handled according to the law, China's foreign ministry said on Tuesday, brushing off U.S. concern about the case.

The trial of British investigator Peter Humphrey and his American wife Yu Yingzeng, set for Aug. 7, will be closed to the public, two family friends with knowledge of the matter said last week.

The U.S. embassy in Beijing said it was worried its diplomats would not be allowed to attend Yu's trial, adding a political dimension to the case, which could become another thorny issue between the two economic powers, especially as U.S. Secretary of State John Kerry is visiting China this week.

Chinese Foreign Ministry spokesman Hong Lei, asked whether China's handling of the case contravened diplomatic conventions, said there was "ample legal basis" for how the government was approaching the matter.

"China's judicial authorities are handling the relevant case according to law," Hong told a daily news briefing. "China is a country with rule of law."

He declined to elaborate.

The British embassy has also said it was "engaging" the Chinese authorities about the need for a transparent and fair trial.

The trial of Humphrey and Yu is part of a tangled web of probes into drugmaker GSK, which Chinese police accused last year of funnelling up to 3 billion yuan (282 million pounds) through travel agencies to bribe doctors and officials in China.

ChinaWhys, the risk consultancy run by the couple, was employed by GSK in April 2013 to investigate an ex-employee suspected of sending anonymous emails, including the circulation of an intimate video of former GSK China head Mark Reilly with his girlfriend, as well as emails containing allegations of widespread bribery at the British drugmaker.

Three months later, authorities detained Humphrey and Yu. Chinese authorities have not openly made a link between GSK and the case against ChinaWhys.

© Reuters. File photo of a Chinese national flag seen in front of a GlaxoSmithKline office building in Shanghai

Reilly has been charged along with other GSK executives of widespread bribery and corruption, and could face decades in a Chinese jail.

Corruption is endemic in the Chinese pharmaceutical market, where bribes are often used to smooth business ties with underpaid doctors and hospitals which rely on drug sales for over 40 percent of their revenues.

(Reporting by Michael Martina; Writing by Ben Blanchard; Editing by Miral Fahmy)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.