Bayer hires law firm to probe Monsanto stakeholder file issue

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Bayer hires law firm to probe Monsanto stakeholder file issue

On Sunday, the 12th of May 2019, the German multinational pharmaceuticals and life science company, Bayer, headquartered in Leverkusen, said that it had been planning to hire an external law firm for investigating a French media complaint that its US seed maker subsidy, Monsanto, had been compiling a file of influential people involving as little as two hundred persons on lobbying purpose.

Besides, despite an initial rejection, the Leverkusen-based pharmaceutical group said on Sunday (May 12th) that following an internal audit, they had understood the extent of concerns and criticisms. Adding that compiling a list of influential people had never been illegal, Bayer said at a statement on Sunday (May 12th), “This is not the way Bayer seeks dialogue with society and stakeholders.

We apologize for this behavior”. Never the less, French prosecutors opened an investigation on Friday after a French newspaper, Le Monde had filed a complaint against the US seed maker Monsanto, that Bayer overtook a year earlier, accusing the seed maker of compiling a list of as little as 200 people including journalists alongside lawmakers, over hope of embezzling their position on their much-disputed pesticide, which had been facing hundreds of lawsuits across the world on potential health concerns.

Adding that the previous Monsanto manager, who appeared to be responsible over the issue, had departed shortly after the acquisition, Bayer said at a statement on Sunday (May 12th), “Our highest priority is to create transparency.

Bayer stands for openness and fair dealings with all interest groups. We do not tolerate unethical behavior in our company. Of course, this also applies to data protection regulations in all jurisdictions in which we operate”.