Committee Against Smuggling and Counterfeiting Activities Destroying the Economy

CEO gets 10 years on smuggling charges

July 14, 2015 by adminficci News 0 comments

A CEO in HCM City was sentenced to 10 years behind bars yesterday after attempting to evade more than VND1 billion (US$45,500) in taxes.Nguyen Nguyen Ly, former CEO of the Dai Duong Xanh Co., claimed to be importing organic products from Singapore worth more than VND100 million (US$4,500) for wastewater treatment.

Customs checks a day later discovered that the actual content of the shipment was 218 Panasonic air-conditioners worth more than VND2.5 billion ($113,600).

http://vietnamnews.vn/society/273023/ceo-gets-10-years-on-smuggling-charges.html

Prev
Next

Related Posts

DRI seizes 33 kgs gold worth over Rs 17 crore from Siliguri being smuggled from Myanmar
October 2, 2020

KOLKATA: In one of the largest seizures, officials of the Directorate of Revenue...

BOC files smuggling complaint against steel traders
April 30, 2015

The Bureau of Customs (BOC) on Thursday filed a smuggling complaint against two...

Dh63 million fake products seized in Dubai.
April 27, 2019

Dubai Customs has foiled 340 attempts to smuggle fake goods, worth Dh63 million,...

FICCI CASCADE holds seminar on counterfeiting and smuggling hazards.
September 27, 2018

27, September 2018 | Daily Pioneer Committee Against Smuggling and...