Subscribe Register Login

Friday, December 19, 2014, 4:51 a.m.
Top Picks - Arkansas Daily Deal

Judge orders tobacco maker to pay state nearly $30 million

By The Associated Press

This article was published May 14, 2014 at 4:50 p.m.

LITTLE ROCK — A Canadian tobacco company has been ordered to pay Arkansas nearly $30 million for failing to set money aside in escrow in lieu of participating in the tobacco Master Settlement Agreement.

The state accused Grand River Enterprises of violating the law by not depositing money in escrow for its sales of Seneca cigarettes in 2005 and 2006.

At a hearing in Pulaski County Circuit Court Wednesday, Judge Wendell Griffen granted Attorney General Dustin McDaniel's motion for summary judgment.

Griffen says he will order Grand River Enterprises to pay a civil penalty of more than $29.4 million — which represents 300 percent of the amount that the company did not deposit into escrow.

A message seeking comment about the judge's order left with the company wasn't immediately returned Wednesday afternoon.

Comment on: Judge orders tobacco maker to pay state nearly $30 million

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

Displaying 1 - 1 of 1 total comment

sgtbob6606140841 says... May 14, 2014 at 6:29 p.m.

Two years ago Grand River agreed to take $30 million from China in return for millions of pounds of tobacco – the largest deal at that time for a First Nations company and China. So, Grand River has the money. There are allegations of smuggling in Canada and not paying cigarette taxes in New York, and online sales of counterfeit brand from China. Sounds like an international intrigue movie.

( | suggest removal )

  • page
  • 1
Click here to make a comment

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

TOP JOBS

  • Plumbers

    and combination welders at Comfort Systems USA (Arkansas) I...
    FORT SMITH, AR

  • Lube and fuel truck driver

    Highway Contractor in need of Lube and Fuel Truck Driver on...
    BENTONVILLE, AR

  • Dental assistant

    dental assistant needed experience required. Single doctor o...
    LITTLE ROCK, AR

  • Carriers

    carriers wanted monthly earnings of up to $1200 Delivering t...
    Little Rock, AR

  • Intake counselor/specialist

    vantage point of northwest arkansas Is seeking qualified app...
    SPRINGDALE, AR

Search 724 jobs >

Top Picks - Arkansas Daily Deal
Arkansas Online