S.Korean firms plead guilty to rigging U.S. military fuel prices -Justice Dept

Hanjin Logistics

14/11/2018 18:06

WASHINGTON, Nov 14 (Reuters) - Three South Korean firms have
agreed to plead guilty to criminal charges and pay about $82
million in fines for their role in a decades-long conspiracy to
rig the price of fuel sold to U.S. military bases across South
Korea, the United States said on Wednesday.
    The Justice Department said SK Energy Co Ltd, GS Caltex
Corp, and Hanjin Transportation Co Ltd  002320.KS  also agreed
to pay about $154 million to the United States for civil
antitrust and false claims related to the bid-rigging
conspiracy.

 (Reporting by Sarah N. Lynch; Writing by David Alexander;
Editing by Susan Heavey)
 ((David.Alexander@thomsonreuters.com;))