Industrialist and businessman Ness Wadia may have returned from his latest vacation in Japan with a two year suspended jail term.
According to the Financial Times, the businessman and son of industrialist Nusli Wadia had been found guilty of possessing banned drugs and sentenced by a local court for two years. carrying banned drugs to a Japanese ski-resort hotel.
Wadia was in Japan, spending time at Niseko, a popular ski-resort. It was here that customs officials alerted by sniffer dogs conducted a search. The team found Wadia possessing 25 grams of Cannabis Resin during their search operations.
Japanese policies are strict over possession of banned drugs. Local broadcaster NHK claimed that Wadia had concealed the banned drug inside his trouser pocket.
The FT report says that Wadia spent a few days in detention and a few more after being held guilty. However the court's order has been suspended for a period of five years.
Wadia is learnt as having returned to India.
An official spokesperson from the Wadia Group said that the judgement was suspended and that it would not affect Ness in his roles and duties.
The Wadia group established in 1736 is India's oldest business house and holds ownership in a number of brands- Britannia Industries, Bombay Dyeing, Bombay Burmah Trading Company, low cost airline Go Air, National Peroxide Limited, Gladrags to name a few. The group's total equity is valued upwards of $8 billion.
It had been previously alleged that Wadia, the co-owner of IPL team Kings XI Punjab had misbehaved with Bollywood Actress Preity Zinta. A case filed in the Bombay High Court to this regards was quashed last year in October.