Updated on 23 July 2013
The Chinese public security ministry has now issued a statement claiming that GSK's executives "violated China's laws and damaged markets by engaging in bribery to raise drug prices, expand sales and reap inappropriate profits."
The company has been facing allegations of bribing doctors with cash and sexual favors in return for prescribing GSK's drugs and the investigation conducted by the Changsha police in China.
The investigation brought up shocking facts that eventually led to thearrests, one confession from a senior GSK executive and also the arrest of Mr Peter Humphrey, a British private investigator who has worked with GSK in the past. Mr Humphrey, founder and managing director of risk advisory and investigations firm ChinaWhys, was arrested in Shanghai on July 10.
Mr Hussein has also said that GSK shared the Chinese authorities' desire to "root out corruption wherever it exists" and said the company would "take all necessary actions required as this investigation progresses."
GSK is also regularly briefing the Serious Fraud Office (SFO) in London. GSK has further promised to radically change its business model and pass on the savings to Chinese consumers by reducing drug prices.