P.M. BRIEFING : Daikin Fined for Soviet Exports
A Japanese court today fined an air-conditioner manufacturer $14,000 after finding it guilty of illegally exporting strategic chemicals to the Soviet Union.
The Osaka District Court in western Japan imposed the fine on Daikin Industries for violations of foreign exchange and trade laws, a court officer said. The court also gave the manager of Daikin’s sales planning department a suspended 10-month prison term.
The official said Daikin, between 1982 and 1987, sold the Soviet Union chemicals that could be used in missile guidance systems.
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