-The Economic Times Indian pharmaceutical company Ranbaxy recently paid $500 million to the US government to settle civil and criminal charges for making fraudulent statements to the US FDA and selling adulterated drugs in the US. Dinesh Thakur, an ex-Ranbaxy employee who blew the whistle on the company, talks to ET about the five-year long investigation and the future of generic drug companies in the US. Edited Excerpts: * You think you...
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From hawala scam to coalgate, full circle for Supreme Court -GP Joshi
-The Hindu Non-implementation of the 1997 judgment in the money laundering case shows that freeing the CBI from political interference is a challenge even for the apex court "Our first exercise will be to liberate CBI from political interference." This is what the Supreme Court said while deliberating the coal scam status report. It is not the first time that the court will be embarking on such a project. A similar exercise...
More »We should liberate CBI from interference, says Supreme Court -J Venkatesan
-The Hindu Ranjit Sinha says CBI is part of government, not autonomous The widening sinkhole that the coal scam has become claimed its first victim on Wednesday as Additional Solicitor-General Harin Raval resigned for having misled the Supreme Court, while CBI Director Ranjit Sinha?brought the executive and the judiciary to the verge of open confrontation by stating that his agency was not an "autonomous organisation" but part of the government.? The CBI, which...
More »Govt's anti-black money dept left toothless -Pradeep Thakur
-The Times of India A year after the UPA presented a white paper on black money in Parliament, spelling out strategy to curb generation of illicit money and preventing its offshore flight, one of the most potent weapons created to tackle the menace and bring offenders to book - theincome tax department's Directorate of Criminal Investigation (DCI) - stands dismantled and powerless. The last search-and-survey operation, better known as I-T raids,...
More »Compromised Bureau of Investigation
-The Hindu The CBI's formal acknowledgment to the Supreme Court that, on the demand of Union Law Minister Ashwani Kumar, it shared the status report of its investigations on the Coalgate scam with bureaucrats in the PMO and Coal Ministry shows how deeply the agency stands compromised. The fact that the CBI Director has now assured the court that the bureau's future status reports "shall not be shared with any [member...
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