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The Colombian government has filed a lawsuit accusing Pernod Ricard SA, Diageo PLC and Seagram Export Sales Co. of illegally importing spirits via Colombian companies that launder drug money

Food & Drink Weekly, Nov 15, 2004

The Colombian government has filed a lawsuit accusing Pernod Ricard SA, Diageo PLC and Seagram Export Sales Co. of illegally importing spirits via Colombian companies that launder drug money. The lawsuit filed last week in federal court in Brooklyn accuses the companies of "knowingly selling their products into illegal channels and receiving payment in the form of laundered proceeds from narcotics sales and other criminal activities." London-based Diageo vowed to "vigorously defend itself against the legal action," adding that the company "adheres to the laws and regulations in the countries where our brands are sold." A Pernod Ricard official also denied wrongdoing.

COPYRIGHT 2004 Informa Economics, Inc.
COPYRIGHT 2008 Gale, Cengage Learning
 

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