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US executives to face bribery probe

Five executives from US firm Johnson & Johnson are to face investigation in Greece over allegations that a subsidiary company, DePuy, sold orthopedic equipment to Greek hospitals after bribing doctors.

Kathimerini understands that magistrate Spyros Georgouleas is to ask for the details of the suspects’ bank accounts as well as possible links to offshore companies that may have been used to pay an alleged 16 to 18 million dollars in bribes to eight Greek doctors and some hospital directors. The money was allegedly paid between 1998 and 2006.

In 2011, Johnson & Johnson agreed to pay 76.9 million dollars to US authorities to settle legal action regarding bribery in Greece, Poland, Romania and Iraq.

ekathimerini.com , Tuesday February 12, 2013 (20:33)  
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