COUNTERFEITING: Man Bags 11 Years Imprisonment
The National Agency for Food and Drug Administration and Control (NAFDAC) has secured the conviction of a middle-aged man who specializes in counterfeiting various alcoholic drinks. A statement made available to LEADERSHIP yesterday in Abuja by the agency’s Director, Special Duties, Dr AbubakarJimoh, said that the landmark judgment was delivered by the Presiding Judge of the Federal High Court Port-Harcourt division, Justice R.M Aikawa who sentenced the accused person, Sunday Okeke, on a four-count charge of violating Counterfeit and Fake Drugs and Unwholesome processed Food Laws of the Federal Republic of Nigeria.
Lear MoreTurkey comes across biggest smuggling case to date
Turkey has launched a major operation aimed at bringing down a suspected gang that illegally brought in over 1,000 tons of beef from Paraguay, the customs minister has said, describing the haul as Turkey’s biggest ever smuggling case.
Turkish investors last week carried out raids on five storage spaces in the southern city of Mersin, where 1,044 tons of smuggled red meat had been stored, said Customs Minister NurettinCanikli.
“The meat was supposedly going to Syria and Iraq through the border gate of Cilvegözü, according to the customs documents. We, however, discovered that almost all of the meat was sold on the Turkish market without any duty being paid,” he said.
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Lawmaker urges House to probe tobacco smuggling
A PARTY-LIST lawmaker urged Wednesday members of the House of Representative to conduct an inquiry on the alleged smuggling of tobacco products into the country.AAMBIS-Owa Party-list Representative Sharon Garin said that the government has been losing some P15.6 billion pesos in revenue annually in the illegal smuggling operations of tobacco products.Garin filed House Resolution 1542 directing the House committee on ways and means to conduct an inquiry to ensure that the government properly collects the revenues from tobacco products.
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Honeywell’s major win against scanner counterfeiters In China
The Honeywell 7120 Scanner is one of the best-selling products in Honeywell Scanning & Mobility’s portfolio. Honeywell has announced a win to combat counterfeit products in Kaiping, Guangdong province, China. By working with the local Public Security Bureau, the owner of an underground operation accused of making and selling counterfeit Honeywell 7120 Scanners has been detained for further interrogation. This is another important victory for Honeywell in protecting its intellectual property rights and trademark, and the company’s determination to protect the interests of its consumers.
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Five per cent of medicines in Malaysia are counterfeit – Pfizer
About five per cent of medicines in Malaysia are counterfeit, the Emerging Markets Health Network estimates.Pfizer Director of Global Security Mark Robinson said although the prevalence is relatively low compared to other countries in the region, counterfeit drug is a growing concern in Malaysia.
http://english.astroawani.com/news/show/five-cent-medicines-malaysia-are-counterfeit-pfizer-48197?cp
Lear MoreSolon seeks congressional probe on cigarette smuggling in PHL
A lawmaker has asked Congress to investigate the illicit trade of cigarettes in the country, which cost the government close to P16 billion in uncollected taxes last year.In an effort to plug revenue loss, AAMBIS-Owa party-list Rep. Sharon Garin has filed House Resolution 1542 – calling on the House Ways and Means committee to probe into the smuggling of tobacco products.
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Solon seeks congressional probe on cigarette smuggling in PHL
A lawmaker has asked Congress to investigate the illicit trade of cigarettes in the country, which cost the government close to P16 billion in uncollected taxes last year. In an effort to plug revenue loss, AAMBIS-Owa party-list Rep. Sharon Garin has filed House Resolution 1542 – calling on the House Ways and Means committee to probe into the smuggling of tobacco products.
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Nigeria: Court Remands Businessman in Prison Over Drug Counterfeiting
A Federal High Court, Lagos would today hear the bail application filed by a Lagos businessman, OlisaemekaOsefor who was remanded in Prison custody last Friday.Osefor was arraigned before Justice James Tsoho by the National Agency for Food, Drug Administration and Control (NAFDAC) on a four-count charge bordering on counterfeit drug deal.
http://allafrica.com/stories/201411110689.html
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Bulgaria set to increase cigarette excise duties in 2016
Bulgaria’s Cabinet approved the timeline for increasing excise duties on cigarettes to meet minimum EU thresholds, with the first hike scheduled for January 1 2016, the government’s media service said on November 11.A 2011 EU directive requires EU member states to increase cigarette excise duties to at least 90 euro (or about 176 leva) for 1000 cigarettes by January 1 2018. Bulgaria uses a combination of fixed and ad valorem rates, which, under current legislation, is required to total no less than 148 leva (about 75.7 euro) for 1000 cigarettes.
http://sofiaglobe.com/2014/11/11/bulgaria-set-to-increase-cigarette-excise-duties-in-2016/
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Illegal circulation of tax-free cigarettes surges in S. Korea
The illegal circulation of tax-free cigarettes on the domestic market has surged since the announcement of a government plan to raise prices.The Korea Customs Service (KCS) said Tuesday that it confiscated a record amount of illegally circulated tax-free cigarettes worth 66.4 billion won ($61 million) in the first half of the year, more than the 43.6 billion won confiscated throughout 2013, according to the KCS.Cigarettes produced for the military and exports are exempt from taxation, but those products are increasingly being funneled into the domestic market as the government moves to revise a law to increase the tobacco tax by 2,000 won per pack. A bill is pending in the National Assembly, with the ruling Saenuri Party throwing its weight behind it.
http://www.koreatimesus.com/illegal-circulation-of-tax-free-cigarettes-surges-in-s-korea/
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