Sia Cargo Price Fixing On The Radio News
Hi Lads,
Just heard on the news that SIA CARGO will defend itself in court against allegations of price fixing in the australian market between th eperiod 2001-2005.
as rumour has it the loss that was incurred at SIA CARGO is themoney allocated for fines payable in 2009 after the court cases in the USA/NZ and AUST.
all the cargo operators had been investigated and all had been fined to the tune of millions. all were settled out of courts as if court proceedings take place sensitive company data is made public.so the settlements KAL had appealed but rejected and had to provide all details.
2009 is gonna be an embarrassing year for the "FINE CITY" in asia........you know who?