Billion dollar smuggling industry drains Iran’s economy
Habibollah Haghighi, chief of an Iranian task force to combat smuggling, announced that up to $25 billion worth of contraband was smuggled into the country between March 2013 and March 2014. Haghighi’s announcement came during a Jan. 22 meeting in Qom among seminary heads, in which he stated that the “trafficking of contraband goods hindered domestic production and had negative impacts on the economic, health care, medical and cultural sectors.” According to the official, the amount of contraband over the year was double the country’s development budgets.
Related Posts
Four arrested, 870,000 contraband cigarettes seized, in Dartmouth bust
The province of Nova Scotia is losing millions of dollars every year in tax...
US Customs seized 460 counterfeit Rolex watches that would have been worth a collective $10.1 million if they were real
In April, US Customs and Border Protection (CBP) in Indianapolis seized 460 fake...
NAFDAC destroys fake, substandard products worth N464.7m in Northeast
THE National Agency for Food and Drug Administration and Control (NAFDAC), on...
Aussie invention to reveal counterfeit products
Researchers have come up with a way to stop counterfeiting, which is now a...

