Indian authorities arrest top executive at retailer Future Group over unpaid duties

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Indian authorities arrest top executive at retailer Future Group over unpaid dutiesIndian federal authorities arrested a top executive at the retail conglomerate Future Group, one of the largest retailers in the country, on customs fraud charges involving more than $2 million of unpaid customs duties on garment imports, a government statement said on Saturday. The Directorate of Revenue Intelligence, part of India's finance ministry, arrested Dinesh Maheshwari, executive director and chief financial officer of Future Enterprises Ltd, for flouting import rules that allow duty-free shipments of certain items under a free trade pact with Bangladesh.


Read More: https://news.yahoo.com/indian-authorities-arrest-top-executive-130018968.html

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