FedEx has been charged with knowingly delivering pharmaceutical drugs from illegal internet pharmacies in an indictment released July 17 by a federal grand jury, reports Courthouse News Service.

According to the indictment, FedEx was warned by federal law enforcement officials in 2004 that the illegal pharmacies were using its delivery services to ship prescription drugs.

“This indictment highlights the importance of holding corporations that knowingly enable illegal activity responsible for their role in aiding criminal behavior,” said U.S. Attorney Melinda Haag according to Courthouse News.

The trial attorneys and defense lawyers at Chaninat and Leeds have decades of experience in Thailand Criminal Law.

The indictment only named FedEx entities as the defendants, including FedEx Corp., FedEx Express and FedEx Corporate Services. Some of the drugs listed as being shipped by FedEx include Ambien, Diazepam, Alprazolam (Xanax), and Clonazepam.

Based on reports from Courthouse News, FedEx could face fines of up to $820 million if convicted of all the charges in the 15-count indictment.

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The Nation reports that the Bank of Thailand supports Thai businesses and investors using yuan when doing business with China.

Chantavarn Sucharitakul, BOT assistant governor for the Financial Markets Operations Group, said, according to The Nation, that Beijing is rapidly reducing regulations surrounding the international use its currency to promote its use in transactions in the region.

“Thai investors should learn how to use the currency as a means for trade and investment in order to provide them with additional trading channel because the yuan’s importance and popularity will increase in the future even though it is not widely accepted and fully liberated at the moment,” Sucharitakul said.

Register a company in Thailand with Chaninat & Leeds—the pre-eminent Bangkok law firm for small to medium enterprises seeking practical, experienced business advice.

China is Thailand’s number one trading partner and the Kingdom’s trade with China increased from $57 billion USD in 2011 to $65 billion in 2013.

The Nation reports that using yuan in transactions with Chinese counterparts results in a lower price for Thai importers and exporters, due to the lessened foreign exchange risk.

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Visa Runs Banned in Thailand

July 21, 2014

Thailand’s Immigration Bureau will begin enforcing border control laws in full, denying entry to foreigners on out/in visa runs, beginning August 13. The start of the crackdown began in May when the Bureau first announced in a statement on its website that land border checkpoints would stop allowing foreigners to exit and immediately reenter the […]

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Thailand Officials Target Illegal Land Deed Offenders in Phuket

July 16, 2014

This month in Thailand, government officials committed to take back land in Phuket’s Sirinat National Park that has been encroached for decades through illegal use of land title documents, according to the Bangkok Post. Newly appointed head of the Department of National Parks, Nipon Chotiban, announced the launch of the “campaign” in a press conference […]

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