China Central Television levels corruption accusations against baby formula maker

Latest in a string of anti-corruption allegations against Dumex

Following a string of corruption charges involving pharmaceutical companies, China’s increasing interest in holding companies accountable to ethical operation continues this week with a China Central Television (CCTV) investigation of Dumex Baby Food Co. The CCTV report says that Dumex, a subsidiary of French company Danone SA, paid off hospitals to use its products and improve the sale and distribution of its baby formula.

In a statement from Danone Monday the company says it is "shocked by the CCTV report" and will devote significant resources to investigate the situation. "Dumex Baby Food Co strictly adheres to Chinese laws and regulations," the statement continued.

Executive Editor

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Chris DiMarco

Chris DiMarco, Executive Editor of InsideCounsel magazine, has a background in multimedia production with previous involvement in projects in which he developed and created content...

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