The Republic of Colombia can proceed with a civil racketeering lawsuit that accuses two of the world’s largest liquor companies of money laundering and selling their products at prices that undercut the state-operated liquor industry, a federal judge in Brooklyn, N.Y., ruled Tuesday.
The Colombian government filed the suit in November 2004, describing a complicated scheme by which the defendants, including Diageo PLC and Pernod-Ricard S.A., allegedly entered into a money-laundering enterprise with narcotics traffickers.
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