Re: Dinesh Thakur: Meet the man who won Rs 244 cr for blowing the whistle against Ranbaxy

[Mahendra Kumar Gupta]

Mahendra Kumar Gupta

In USA, whistle blower Dinesh Thakur gets Rs. 244 cr for blowing the whistle against the dubious manufacturing practices by Ranbaxy. In India, whistle blowers are murdered, kidnapped, beate and threatened for blowing the whistle. Never heard about any whistle blower of getting even a single penny from the govt. to expose irregularities by risking the life.  Manju Nath, Amit Jetwa and others are the burning examples of this.

On Wed, May 15, 2013 at 9:17 AM, Mahendra Kumar Gupta <mkgup...@gmail.com> wrote:

Dinesh Thakur: Meet the man who won Rs 244 cr for blowing the whistle against Ranbaxy

By Soma Das & DIVYA RAJAGOPAL, ET Bureau | 15 May, 2013, 07.00AMinShare1

Dinesh Thakur, pocketed Rs 244 crore for blowing the whistle on the dubious manufacturing practices of the country's largest drug maker Ranbaxy.

Dinesh Thakur, pocketed Rs 244 crore for blowing the whistle on the dubious manufacturing practices of the country's largest drug maker Ranbaxy.

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NEW DELHI: DineshThakur, the former Ranbaxy executive who pocketed Rs 244 crore ($48 million) for blowing the whistle on the dubious manufacturing practices of the country's largest drug maker, has made some of his peers and ex-colleagues turn green with envy.

"I worked for the company for almost two decades. In all these years, my cumulative paycheck was nowhere near what Dinesh has got from the settlement," remarked a former Ranbaxy executive, wryly.

But then Thakur, a former director of project and information management at Ranbaxy, has pulled off what very few corporate executives dare to do. He gave evidence to the US authorities about the company falsifying drug data and violating good management practices, triggering a massive investigation that resulted in the drugmaker pleading guilty to felony charges related to the manufacture and distribution of certain adulterated drugs made at two of its plants in India. The company has agreed to pay $500 million to resolve false claim allegations.

This is the largest financial penalty paid by any generic drugmaker in the US for violating the provisions of the federal Food, Drug and Cosmetic Act (FDCA).

Thakur will receive his money from the US government's share of the settlement. He has been awarded this sum as part of the civil settlement lawsuit under the qui tam, or whistleblower, provisions of the False Claims Act, which allow private citizens to bring civil actions on behalf of the US and share in any recovery, a US Department of Justice statement said on Monday.

[JNGupta]

India Gives them Death & Agony ...

JNGUpta

[Arun Banerjee]

Perfect example of what a single honest human being can achieve. 

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[Pradeep Bansal]

A long way to go about safety of Whistle Blower in India,Here such person is considered as ringing his own  death knell  . I am afraid even if any settlement ( as in the present case in USA) happens in India the officials from Govt. would have asked for a lions share in the deal. Americans are not role models of Our Govt. We are happy with our ranking just 2 points above Pakistan although we boast of our being the emerging Super(so..poor) Power.  PKB.

 

[Surjit Chetal]

HA,HA,ha living in fools paradise!!!!!!!!!!!!!! Let us try for a chance to AAP

not able to standed, May 22, 2013 at 11:52 AM, Pradeep Bansal <mms.p...@gmail.com> wrote:

A long way to go about safety of Whistle Blower in India,Here such person is considered as ringing his own  death knell  . I am afraid even if any settlement ( as in the present case in USA) happens in India the officials from Govt. would have asked for a lions share in the deal. Americans are not role models of Our Govt. We are happy with our ranking just 2 points above Pakistan although we boast of our being the emerging Super(so..poor) Power.  PKB.

 

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