Ex-Valeant Official Sought ‘Big Payday’ in Bribe Scam, Jury Told
- Prosecutors say Gary Tanner was ‘mole’ inside drug retailer
- Andrew Davenport allegedly paid Tanner to arrange firm’s sales
Photographer: Michael Nagle/Bloomberg
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An alias email account, fake business cards and a shell company named "Liberation" in Dutch were all part of a former Valeant Pharmaceuticals International Inc. executive’s bribery scheme that duped the drugmaker, a Manhattan jury was told.
Gary Tanner, a onetime senior director at Valeant, got a $9.7 million kickback from Andrew Davenport, the former head of Philidor Rx Services LLC, after Valeant was manipulated into paying $133 million for an option to buy the mail-order pharmacy, a federal prosecutor said Thursday at the start of their fraud and money-laundering trial.