Thai court fines Philip Morris $4 million for customs violations

BANGKOK (Reuters) - A Thai court on Friday fined the local unit of tobacco company Philip Morris 130 million baht ($4 million) for dodging tax on cigarette imports from Indonesia.The Thai public prosecutor filed charges in 2017 against Philip Morris Thailand and seven of its Thai employees for inaccurate price declarations of cigarettes imported from Indonesia between 2002 to 2003. The court on Friday dismissed all charges against the seven former employees.Philip Morris Thailand said it..