Posted by: audreybenenati | April 15, 2010

Big Tobacco Fined for Smuggling Smokes Into Canada


By Adam Liefl

After having a significant impact on Norfolk’s signature industry, two tobacco companies will pay out more than half-a-billion dollars to the federal, provincial and territorial governments to settle claims surrounding cigarette smuggling. The fines relate to claims dating back to the 1990’s after about 10 years of litigation. R.J. Reynolds Tobacco Co. will pay the governments $325 million; a company related to R.J. Reynolds, Northern Brands International Inc., has been fined $75 million after pleading guilty to conspiracy, while JTI Macdonald Corp. has also been fined $150 million after pleading guilty to helping people possess contraband tobacco.

Read the rest at http://cd989.com/modules/news/article.php?storyid=19575

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

%d bloggers like this: