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Gibson Guitar settles US probe of wood imports

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GUITAR-MAKER Gibson has agreed to pay $350,000 (£223926.73) to avoid US prosecution over allegations it illegally imported endangered wood from India and Madagascar, US officials announced on Monday (August 6).

 

“Gibson has acknowledged that it failed to act on information that the Madagascar ebony it was purchasing may have violated laws intended to limit over-harvesting and conserve valuable wood species,” Assistant Attorney General Ignacia Moreno said in a s

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