New Delhi: Ness Wadia, son of industrialist Nusli Wadia and heir to the 283-year-old Wadia Group has reportedly been sentenced to a two-year jail term in Japan for possession of drugs.
As per a media report, Wadia was arrested in early March at New Chitose Airport in the northern Japanese island of Hokkaido after custom officials found him to be in possession of the drugs.
The report further states that Wadia admitted to possession, arguing that the drug was for his personal use.
The Wadia empire has many units, which include Bombay Dyeing, Bombay Burman Trading, biscuit giant Britannia Industries to budget airline GoAir and a share in IPL franchise Kings XI Punjab with the total market valuation of its listed entities standing at $13.1 billion.
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Japan’s narcotics laws are strict and are currently being applied especially tightly.
Wadia spent a period in detention before his indictment on March 20 and an undisclosed period of detention before a court hearing.
The Sapporo District Court handed him a two-year prison sentence, which was suspended for five years.