Dec. 16, 2019 – The new report, a 350-page forensic accounting prepared by Alix Partners, a consulting firm that Purdue has hired to help guide the company through Chapter 11 restructuring, was filed in bankruptcy court in White Plains, N.Y., Monday evening. Ultimately, it does not answer a key question for investigators — how much the Sacklers are actually worth and where their money is located.
“The fact that the Sackler family removed more than $10 billion when Purdue’s OxyContin 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,” said Letitia James, the attorney general of New York, in a statement. “We need full transparency into their total assets and must know whether they sheltered them in an effort to protect against creditors and victims.”
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