GSK executives handed out bribes to doctors and took cash rake-offs

Senior executives at Britain's largest drugmaker, GlaxoSmithKline, allegedly accepted cash rake-offs and paid bribes to officials and doctors to boost sales and prices of its drugs in China, police said on Monday.

The company allegedly used at least four travel agencies to funnel more than 3 billion yuan ($489 million) in bribes since 2007, said Gao Feng, an economic crimes investigator with the Ministry of Public Security.