JTFG

AcronymDefinition
JTFGJoint Task Force Group
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The PMUacute imposed a fine of euro600,000 on JTFG while Boumldoumlk, who was the exclusive owner of Panta Rhei before the transaction, is obliged to pay a fine of euro7,571.The verdict is final and the PMUacute expects a remedy in the form of an additional announcement about the concentration.The decision became effective on November 2.
Dubious transactionBoumld#337k sold his 40-percent stock in Panta Rhei to JTFG back in 2012, and kept control over the remaining 60 percent together with his son.
This is why several raids were carried out on both JT and Panta Rhei back in 2015.Since both JTFG and Boumld#337k pleaded their guilt, the PMUacute reduced their fine by one half.