Singapore Airlines Cargo pleads guilty to price fixing scam

The cargo division of Singapore Airlines agreed to pay S$63.4 million or US$48 million as criminal fine for US price fixing scam. According to Reuters, U.S. Justice Department said that Singapore Airlines Cargo plead guilty for the price fixing scam. The plea and the payment of US$48 million should be approved by the U.S. District Court.

via Reuters

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