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Philip Morris Thailand fined 1.22 billion baht for customs duty evasion

The Pattaya News

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Philip Morris (Thailand) Ltd. was today fined 1.22 billion baht by the Thai Criminal Court after the cigarette importer was found guilty of customs duty evasion by under-declaring the value of cigarettes imported from the Philippines between 2003 and 2006. The court, however, acquitted the company’s managing director, Gerald Margolis, and six other staff members, […]

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