EU FRAUD UNIT HAILS BUST OF STEEL TUBE AND PIPE DUTY EVASION RING
May 1st, 2012
BY KEITH NUTHALL
The European Union's (EU) anti-fraud unit has hailed the breaking of an international conspiracy to export China-made iron and steel tube and pipe fittings via other Asian countries to evade 58.6% EU anti-dumping duties usually levied on these products. OLAF (which uses a French acronym) officials say they worked with national police and customs in Europe, Taiwan and India to crack the tax evasion ring, recovering Euro EUR9 million duty in the process, and securing jail sentences in Britain and Germany of three people involved. The EU ...
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