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(Video) GlaxoSmithKline plc’s Bribery Allegations

GlaxoSmithKline plc (LON:GSK) faces fresh allegations of bribery abroad.

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Owain Bennallack
Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?” That said, Owain is usually a buyer of equities, where he prefers lightly geared, modestly rated companies, and is increasingly on the lookout for Buffett-style intangible quality. He aspires to buy-and-hold: his best investment ideas are worth much more than he sold them for. Then again, his worst investment went bust due to management fraud!
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With GlaxoSmithKline (LSE: GSK) (NYSE: GSK.US) facing fresh allegations of bribery, this time in Poland, Owain Bennallack focuses on those made in relation to Iraq and asks whether this newsflow ought to diminish the appeal of the company as a share…

https://youtu.be/8ZD3FVwHCwE

Should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice.

Owain owns shares in GlaxoSmithKline. The Motley Fool has recommended shares in GlaxoSmithKline.

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