Jail time looms as more defendants in Polar Air Cargo fraud case admit guilt
Seven of the 10 executives charged with fraud in the Polar Air Cargo case have ...
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By Alex Lennane
It’s not only freight, but this is an interesting article on corruption in aviation in China. The new focus of authorities keen to end corrupt activities is focusing on the country’s burgeoning aircraft leasing market. Sources in the industry told SCMP that the money in aircraft leasing is “too big”, while staff are “modestly paid”. Procurement “power” can be at all sorts of levels, and while executives noted that bribery wasn’t the norm, there were a few bad apples.
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