CEO gets 10 years on smuggling charges
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
Related Posts
Extraordinary attack on Sydney tobacco executive
It's been revealed an Australian tobacco executive has been bashed and stabbed in...
‘Epidemic’ of illegal tobacco as 8m cigarettes seized
Limerick’s only licensed tobacconists is to stop selling cigarettes because of an...
Cigarette smuggling operation brought 28 million smokes into NZ
A businessman has admitted smuggling an estimated 28 million cigarettes into...
African Startup Using Phones to Spot Counterfeit Drugs
Drug Lane runs through a market in the heart of Accra, Ghana. It’s past the...