EU FRAUD UNIT HAILS BUST OF STEEL TUBE AND PIPE DUTY EVASION RING
May 1st, 2012
BY KEITH NUTHALL
EUROPEAN Union (EU) anti-fraud unit OLAF 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. OLAF officials worked with national police and customs in Europe, Taiwan and India, recovering Euro EUR9 million duty. Also, two directors of UK-based companies received a 12-months' suspended sentence and two years' imprisonment respectively; and a German businessman was fined EUR450,000 and received a two-year suspended jail ...
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