Sackler family 'funnelled $1bn into different bank accounts'

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The billionaire Sackler family "funnelled" at least $1bn (£800m) to different banks, including accounts in Switzerland, officials said.The Sacklers own Purdue Pharma, which is accused of fuelling the US opioid crisis through drugs like OxyContin.Purdue is currently facing legal action brought by more than 2,000 plaintiffs, including almost two dozen US states.Forbes estimates the Sacklers are worth $13bn, but many states claim the family has more money hidden abroad.New York State Attorney General Letitia James said that she has requested records from 33 financial institutions. However, the $1bn in wire transfers were revealed in records from just one institution.

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14.09.2019 17:55