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Gibson Guitar settles probe into illegal wood imports
Category: Various Date: August 13, 2012, 9:49 pm Feed: Yahoo Music
pa href="http://news.yahoo.com/gibson-guitar-settles-u-probe-illegal-wood-imports-213547067.html"img src="http://l1.yimg.com/bt/api/res/1.2/PdejInWs4ImLz2dDBV7ANA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-08-06T213547Z_1_CBRE8751NZW00_RTROPTP_2_MUSIC-US-USA-GIBSONGUITAR-MADAGASCAR.JPG" width="130" height="86" alt="Chinese rock fan sits in front of a guitar poster during music festival in Beijing" align="left" title="Chinese rock fan sits in front of a guitar poster during music festival in Beijing" border="0" //aNASHVILLE, Tennessee (Reuters) - Gibson Guitar Corp, which makes some of the world#039;s most prized guitars, will pay a $300,000 penalty under a criminal enforcement agreement with federal prosecutors, after it admitted to possible illegal purchases of ebony from Madagascar, authorities said on Monday. The agreement, announced by Justice Department officials in Washington, caps a probe into the Nashville-based guitar maker that began in 2009 when it came under suspicion of importing banned or protected wood from both Madagascar and India. .../pbr clear="all"/
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