Tuesday, September 21, 2010

Uzbekistan Nationalizes Russian-Owned Milk Plant

A court in Uzbekistan confiscated all assets of Tashkent WBD, a dairy and local subsidiary of Russian-owned Wimm-Bill-Dann Foods. Tashkent WBD was charged with numerous tax and customs violations, and its assets were accordingly subject to confiscation as “instruments of crime".  Applying amnesty, the court ceased separate criminal prosecution against individual managers of the milk plant.


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