Posted on 08/21/2013 6:54:16 PM PDT by TexGrill
Shanghai police formally arrested Peter Humphrey on Monday, in a sign that authorities believe they have enough evidence for a case to be brought to trial.
He and his wife, Yu Yingzeng, were detained in Shanghai on July 10, along with around eight other individuals, as police probed bribery allegations against British drug giant GlaxoSmithKline.
Mr Humphrey and Ms Yu, both well-known corporate investigators in China, run Hong Kong-based ChinaWhys, a risk consultancy that focuses on fraud and accounting for multinational businesses operating in the country.
Chinese authorities have not given the specific reason behind the pair’s detention, but a statement by their family, seen by the Wall Street Journal, said the husband-and-wife team are suspected of illegally purchasing personal information. It added that Ms Yingzeng was also formally arrested on Monday.
It is unclear whether the arrests are directly linked to the investigation into GSK, though the drug maker is believed to have been one of Mr Humphrey’s clients in the past.
(Excerpt) Read more at telegraph.co.uk ...
Not a good time to be paying bribes in China. Many city leaders have gone to jail over corruption in the last few years. I doubt foreigners are going to have any better go at it.
Not a good time to be paying bribes in China. Many city leaders have gone to jail over corruption in the last few years. I doubt foreigners are going to have any better go at it.
Not a good time to be paying bribes in China. Many city leaders have gone to jail over corruption in the last few years. I doubt foreigners are going to have any better go at it.
Oops
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