BREAKING NEWS

Turkey proceeds in corruption trial of Swiss drugmaker

An initial investigation into the Turkish unit of Swiss drugmaker Novartis over allegations it benefited from bribery has not revealed any problems, a senior official for Turkey's health ministry said on Friday.
The results of the investigation will be released next week, Eyup Gumus, undersecretary of the health ministry, told reporters in Istanbul. The ministry on Thursday said it had launched the investigation into allegations the drugmaker secured $85 billion in business advantages through bribery.
The Turkish unit of Novartis has said allegations against it were "unfounded" and based on a past complaint. Reuters reported this week an anonymous whistleblower has accused the company of paying bribes through a consulting firm to secure advantages worth an estimated $85 million. 
Subscribe for our daily newsletter
Subscribe for our daily newsletter

By subscribing I accept the terms of use and privacy policy

Read all Tweets >