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December 17, 2019

Sacklers Withdrew $10B from Purdue Pharma Amid Scrutiny over Opioid Crisis
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A new audit has revealed how the Sackler family withdrew more than $10
billion from their company, Purdue Pharma, as scrutiny mounted over
Purdue Pharma's role in the opioid epidemic. The Sacklers distributed
the money among trusts and overseas holding companies, raising even more
questions about how much money the family actually has and how much the
Sacklers should pay to compensate victims of the United States' opioid
crisis. Local and state governments have brought thousands of lawsuits
against Purdue Pharma. Letitia James, the attorney general of New York,
said, "The fact that the Sackler family removed more than $10 billion
when Purdue's Oxy Contin was directly causing countless addictions,
hundreds of thousands of deaths, and tearing apart millions of families
is further reason that we must see detailed financial records showing
how much the Sacklers profited from the nation's deadly opioid
epidemic."


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