Business Medical Dialogues
    • facebook
    • twitter
    Login Register
    • facebook
    • twitter
    Login Register
    • Medical Dialogues
    • Speciality Dialogues
    • Education Dialogues
    • Medical Jobs
    • Medical Matrimony
    • MD Brand Connect
    Business Medical Dialogues
    • News
        • Financial Results
        • Hospitals & Diagnostics
        • IT / Health Venture
        • Implants / Devices
        • Insurance
        • Key Movement
        • Pharmaceuticals
        • Policy
        • Technology
        • pharma-news
    • blog
    LoginRegister
    Business Medical Dialogues
    LoginRegister
    • Home
    • News
      • Financial Results
      • Hospitals & Diagnostics
      • IT / Health Venture
      • Implants / Devices
      • Insurance
      • Key Movement
      • Pharmaceuticals
      • Policy
      • Technology
      • pharma-news
    • blog
    • Home
    • Latest News
    • Ten Greek ex-ministers...

    Ten Greek ex-ministers allegedly involved in Novartis bribery probe

    Written by Ruby Khatun Khatun Published On 2018-02-11T09:30:33+05:30  |  Updated On 11 Feb 2018 9:30 AM IST
    Ten Greek ex-ministers allegedly involved in Novartis bribery probe

    Athens: Two former Greek prime ministers and eight former ministers have been implicated in an alleged corruption scandal involving Swiss pharmaceutical giant Novartis, a judicial source said.


    Greek anti-corruption prosecutors have asked parliament to hand over any files relating to the alleged bribery in light of the suspected involvement of the former ministers, who were in office between 2006 and 2015 -- before the current government came to power -- the source said.


    The former ministers were not named.


    Magistrates also launched a corruption prosecution against a manager at Novartis's Greek branch, who was banned from leaving the country, the source said.


    In April last year, Greece's parliament voted to open an investigation into alleged health scandals, with the ruling left-wing government saying past socialist and conservative administrations for decades allowed health contractors to overcharge hospitals for equipment, supplies, and medicine in return for kickbacks.


    Greece's justice minister Stavros Kontonis said at the time that Novartis had likely bribed "thousands" of doctors and civil servants to promote its products and continued to sell "overpriced" drugs even after the country was hit by economic crisis in 2010 and huge cuts were imposed on state budgets, leaving many Greeks without access to affordable medicine.


    Novartis issued a statement saying it was "aware of the media reports about our business practices" in Greece and that it was continuing to cooperate with the authorities.


    Scores of people have been questioned in a probe ongoing since 2016, with anti-corruption prosecutors visiting Novartis's premises near Athens in early 2017 to gather evidence.


    The case gained attention following a suicide attempt by a Novartis manager on New Year's Day 2017.


    That attempt was thwarted by police, and a judicial source said the manager was one of those questioned over alleged corruption.


    The Swiss pharmaceutical giant was investigated by US authorities in 2014, accused of paying bribes in order to boost sales of some of its medicines and was later fined $390 million (314 million euros) by the US Justice Department.


    In March 2017, Novartis also paid $25 million to settle claims involving its Chinese subsidiary.

    briberycorruption scandalequipmentex-ministersGreekGreek branchhospitalsinvestigationkickbacksmedicineNovartisoverchargeprobe
    Source : AFP

    Disclaimer: This site is primarily intended for healthcare professionals. Any content/information on this website does not replace the advice of medical and/or health professionals and should not be construed as medical/diagnostic advice/endorsement or prescription. Use of this site is subject to our terms of use, privacy policy, advertisement policy. © 2020 Minerva Medical Treatment Pvt Ltd

    Ruby Khatun Khatun
    Ruby Khatun Khatun
      Show Full Article
      Next Story
      Similar Posts
      NO DATA FOUND

      Popular Stories

      • Email: info@medicaldialogues.in
      • Phone: 011 - 4372 0751

      Website Last Updated On : 13 Oct 2022 5:14 AM GMT
      Company
      • About Us
      • Contact Us
      • Our Team
      • Reach our Editor
      • Feedback
      • Submit Article
      Ads & Legal
      • Advertise
      • Advertise Policy
      • Terms and Conditions
      • Privacy Policy
      • Editorial Policy
      • Comments Policy
      • Disclamier
      Medical Dialogues is health news portal designed to update medical and healthcare professionals but does not limit/block other interested parties from accessing our general health content. The health content on Medical Dialogues and its subdomains is created and/or edited by our expert team, that includes doctors, healthcare researchers and scientific writers, who review all medical information to keep them in line with the latest evidence-based medical information and accepted health guidelines by established medical organisations of the world.

      Any content/information on this website does not replace the advice of medical and/or health professionals and should not be construed as medical/diagnostic advice/endorsement or prescription.Use of this site is subject to our terms of use, privacy policy, advertisement policy. You can check out disclaimers here. © 2025 Minerva Medical Treatment Pvt Ltd

      © 2025 - Medical Dialogues. All Rights Reserved.
      Powered By: Hocalwire
      X
      We use cookies for analytics, advertising and to improve our site. You agree to our use of cookies by continuing to use our site. To know more, see our Cookie Policy and Cookie Settings.Ok