Illegal tobacco costs $200M a year
The Lebanese treasury can boost revenues by up to $200 million if authorities succeeded in a campaign to crack down on tobacco smuggling, Finance Minister Ali Hasan Khalil said Thursday.
“The amount of money which is being squandered and wasted as result of tobacco smuggling ranges between $150 million to $200 million a year,” Khalil said after touring the facilities of state-run tobacco company Regie.
http://www.dailystar.com.lb/Business/Local/2015/Apr-03/293166-illegal-tobacco-costs-200m-a-year.ashx
Related Posts
Customs officials seize imported cigarettes, e-cigarettes smuggled into Pune for sale
During the searches, sleuths of the customs department seized foreign-brand...
More than 9.4 kg gold worth Rs 5.71 cr seized, 8 held in 14 cases at Mumbai airport
The Customs department has seized 9.482 kilograms of gold valued at Rs 5.71...
Asia-11 study: Pakistan, along with Vietnam, top consumer of illicit cigarettes
KARACHI: Despite all the efforts put in by the Federal Board of Revenue (FBR),...
RongKluea raids net another B10m in fake goods 5 Mar 2016
Authorities have seized another 10 million baht worth of counterfeit brand-name...