Monday 11 November 2013

UAE anti-fraud bill under review | The National

UAE anti-fraud bill under review | The National:

"An anti-fraud bill under review by a Federal National Council committee is intended to curb counterfeit products, replica sales and smuggling.

Commercial fraud is minimal when it comes to food and medication but fake bags, toys, clothes, electronics and even car parts are common.

“That does not mean it is not there 100 per cent, but it is limited with food and medicine,” said Ali Al Nuaimi (Ajman), deputy head of the finance committee, which is debating the 25-article bill privately.

“But imitations of brands and replicas are in the market. This law will play a big role to stop this.”"

'via Blog this'

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