uk bat.com - Response to DTI inquiry outcome
News release
Response to DTI inquiry outcome
26 March
For immediate release: Friday, 26 March 2004
British American Tobacco today welcomed the statement by the Department of Trade & Industry that its confidential investigation into allegations of involvement in tobacco smuggling is complete, that no evidence of illegal activity was found and no further action is to be taken.
Martin Broughton, the Group’s Chairman, said: “We’ve always maintained that our companies have acted legally and are delighted to see this matter at an end after more than three years of investigation.
“We work actively with governments and customs and excise authorities around the world to help them eliminate smuggling – which at its root is caused by tax differentials, weak border controls and import restrictions or bans.”
Martin Broughton, the Group’s Chairman, said: “We’ve always maintained that our companies have acted legally and are delighted to see this matter at an end after more than three years of investigation.
“We work actively with governments and customs and excise authorities around the world to help them eliminate smuggling – which at its root is caused by tax differentials, weak border controls and import restrictions or bans.”
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| British American Tobacco Press Office David Betteridge/Ann Tradigo/Teresa La Thangue +44 (0) 20 7845 2888 (24 hours) | Investor Relations Ralph Edmondson / Rachael Cummins +44 (0) 20 7845 1180 / 1519 |
