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
3 arrested for smuggling IMFL meant for sale in Goa
Aurangabad: The state excise department on Thursday seized a pick-up van for...
Smuggler’s paradise in Pakistan’s Balochistan
Pakistan's largest and poorest province Balochistan has the unfortunate...
Sh35m counterfeit goods netted
The extent to which Kenyans are consuming fake goods, some suspected to be...
₹ 43 Lakh Gold In Underwear, Customs Busts Man Back From Sharjah
The Indian national allegedly hid 895.20 gm of gold in paste form in his...