Three former execs on cartel charges
- Latest News
- Thursday, 18 November 2010
The Justice Department said the two allegedly cartel airlines were carrying consumer goods, heavy equipment and other cargo on international flights.
The indictment named Takao Fukuchi, the former president of cargo sales for Japan Airlines and Yoshio Kunugi and Naoshige Makino, both formerly with Nippon Cargo Airlines.
The three men face a maximum penalty of 10 years in prison and fines of US$1 million or more, depending on the carriers' gains from shippers.
The latest USA indictments mean 19 airlines and 17 executives have been charged in the ongoing cartel inquiry.
Four executives have been sentenced to prison, charges are pending against another 13 and more than US$1.7 billion in criminal fines have been imposed.
