India top source of illegal medicines entering Switzerland

BERN/NEW DELHI: India accounts for nearly half of the overall illegal medicines entering Switzerland, Swiss Government data showed today.

Potency preparations accounted for the maximum of the illegally imported substances that were confiscated in 2016 by Swiss customs officials, the latest annual data showed.

This comes amid a continuing global clampdown on illicit wealth allegedly stashed in Swiss banks, including by Indians.

Swissmedic, the Swiss Government agency for therapeutic products, said that India was the source for as much as 48 per cent of illegally imported medicinal products confiscated by Switzerland’s customs department in 2016.

This is the second year in a row that India remained the top source of such illegal imports into Switzerland. However, the figure was lower at 42 per cent in 2015.

At the request of Swissmedic, the customs department seized 1,028 shipments of illegally imported therapeutic products in 2016. (AGENCIES)