Chen Hui, a former Haikou (Hainan Province) tax officer, received 11 years in prison for taking $212,678 in bribes. Prosecutors said Chen solicited $194,904 from developer Hainan Zhuzong Real Estate Co. Ltd., with the excuse that tax calculations for one of the company’s projects were difficult and required extra fees. http://www.legaldaily.com.cn
Entries in China (316)
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
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.