May 9, 2007

Big Hangover for Malaysian Beer Smugglers

Yesterday, customs officials in Kuala Lumpur announced that nearly 200,000 cans of beer smuggled into the country over the weekend will be popped open and poured away.

Authorities would typically auction the seized material, but in this case, the sheer quantity of booze involved would have a negative impact on the price of beer in the region. Two people were detained following the customs raid on Tuesday.

The beer, worth around $84,000, would’ve been subject to taxes and duty in the region of $293,000.  Each case of 24-cans would’ve been sold for just $8.80, about 60% below market price.

The smuggling syndicate, according to Federal Territory Customs Chief Madrina Alwi, had been operating for over six months by working with freight forwarding firms and haulage companies to get duty-free beer consignments meant for Hong Kong, Singapore and local duty-free retailers.

Look for similar articles under these categories: 

No responses to "Big Hangover for Malaysian Beer Smugglers"

Leave a Reply
Commenting policy: Some comments run the risk of being deleted. These include comments that are spam or cannot be understood or are rude.
You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>
Top - Home