Ikeja : Gucci owner Kering to pay record fine (Ikeja) NGN 10
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The owner of Italian fashion giant Gucci is set to pay a record fine of nearly 1.5 billion euros ($1.7 billion) in a tax evasion case, according to media reports Friday. “Lawyers are still negotiating with the tax authorities over a few hundred million euros, but the fine that the (French luxury) Kering group is about to pay is the highest (in Italy),” the La Stampa newspaper said. “It’s a cheque for nearly 1.5 billion euros,” it added. It follows a probe by Milan’s public […] Price: NGN 10