Home / Crime and Justice / Oushadhi Faces Financial Probe
Oushadhi Faces Financial Probe
3 Sep
Summary
- An inquiry is underway into alleged financial irregularities at Oushadhi.
- The Health Minister requested a preliminary investigation by the VACB.
- Audit reports and other complaints prompted the detailed inquiry.
A preliminary inquiry has been launched by the Vigilance and Anti-Corruption Bureau (VACB) into allegations of financial irregularities at Oushadhi, a state-run pharmaceutical company. The inquiry was initiated following a request from the Health Minister, K. Muraleedharan.
Minister Muraleedharan had directed the probe after receiving critical audit reports and various complaints detailing financial and operational discrepancies within the firm. He also instructed the Principal Secretary (Health) to conduct a separate, detailed inquiry through the Finance Inspection Wing.
Should the preliminary findings of the VACB indicate further wrongdoing, an First Information Report (FIR) will be filed, leading to a comprehensive investigation into the matter. The situation remains under active review.
