A bozo's blog
valgrind was not able to find memcheck. Solution: Put in VALGRIND_LIB the parent directory of amd64-linux directory. E.g.:
export VALGRIND_LIB=/u/gallinar/downloaded/valgrind-3.2.3/.in_place
/u/engineering/locals/linux/bin/valgrind --leak-check=yes --show-reachable=yes --num-callers=16 --quiet $OMNI_HOME/bin/MonControl -filetype pcap -enable C7_L3MTP 2>&1 | tee MonControl.log