ADD ANI AS A TRUSTED SOURCE
googleads
Menu
General News

Sentencing in Japan of Ness Wadia 'won't impact' his business ops: Wadia Group

New Delhi (India) Apr 30 (ANI): The arrest of Ness Wadia, heir to the 283-year-old Wadia group in early March and subsequent sentencing in a Japanese court over possession of drugs will have no impact on "the discharge of any of his business-related responsibilities", the Wadia Group said on Tuesday.

ANI Apr 30, 2019 17:29 IST googleads

Business tycoon Ness Wadia (File Photo)

New Delhi (India) Apr 30 (ANI):  The arrest of Ness Wadia, heir to the 283-year-old Wadia group in early March and subsequent sentencing in a Japanese court over possession of drugs will have no impact on "the discharge of any of his business-related responsibilities", the Wadia Group said on Tuesday.
Wadia, son of industrialist Nusli Wadia and co-owner of the Kings XI Punjab cricket team, was arrested in early March at the New Chitose Airport in the northern Japanese island of Hokkaido according to a report in a London based newspaper.
 “Ness Wadia is in India. The judgment is clear. It is a suspended sentence. Hence it will not impact Ness Wadia in the discharge of any of his responsibilities and he will continue to play the role that he has done hitherto, both within the Group and outside,” Wadia group spokesperson said.
"Customs officials at New Chitose were alerted to Mr Wadia by sniffer dogs and a search revealed that he had about 25g of what appeared to be cannabis resin in his trouser pocket," Financial Times reported quoting Japanese broadcaster NHK.  
The Wadia group is the parent company of various brands like Bombay Dyeing, Bombay Burman Trading, Britannia Industries, budget airline GoAir and is the co-owner of IPL franchise Kings XI Punjab.
Following the arrest in Japan, Wadia is reported to have spent a period in detention before being indicted on March 20. The Sapporo District Court handed him a two-year prison sentence, which was suspended for five years.  (ANI)  

Get the App

What to Read Next

General News

ED attaches 31 immovable properties worth Rs 581.65 crore in...

ED attaches 31 immovable properties worth Rs 581.65 crore in...

The attached properties are in the form of land parcels situated in Goa, Kerala, Karnataka, Punjab, Tamil Nadu, Uttar Pradesh, Haryana, Jharkhand, Maharashtra, Delhi, West Bengal, Andhra Pradesh, and Rajasthan.

Read More
General News

19-year-old woman arrested in East Delhi with 55g of smack

19-year-old woman arrested in East Delhi with 55g of smack

The Anti-Narcotics Task Force (ANTF) of the Shahdara district apprehended a 19-year-old woman, identified as Roopa, for her alleged involvement in drug peddling. During the operation, police recovered 55.52 grams of smack (heroin) from her possession in East Delhi's Geeta Colony.

Read More
General News

CDSCO issues advisory to curb misleading promotion of prescription medications for obesity

CDSCO issues advisory to curb misleading promotion of prescription medications for obesity

The Central Drugs Standard Control Organization (CDSCO) has issued an advisory to pharmaceutical manufacturers, importers, and marketing authorization holders to ensure strict compliance with the provisions of the Drugs and Cosmetics Act, 1940 and Rules, 1945 in the promotion and marketing of prescription medicines, particularly GLP-1 receptor agonists and similar drugs indicated for obesity and metabolic disorders

Read More
General News

ED attaches Rs 313.12 crore assets of Ansal Group

ED attaches Rs 313.12 crore assets of Ansal Group

The Enforcement Directorate (ED) on Wednesday said it has attached immovable properties valued at Rs 313.12 crore as part of its ongoing investigation into Ansal Properties and Infrastructure Ltd (APIL) and its promoters for their involvement in criminal activities, including financial misappropriation and fraudulent diversion of funds collected from homebuyers.

Read More
General News

Nearly 5 lakh drug samples tested in 5 years to ensure safe medic

Nearly 5 lakh drug samples tested in 5 years to ensure safe medic

The manufacture, sale and distribution of drugs are regulated in the country under the provisions of Drugs & Cosmetics Act, 1940 and Rules thereunder through a system of licensing and inspection, an official release from Ministry of Health and Family Welfare said.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.