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Takata agrees to guilty plea, will pay $1B for hiding defect

Friday, January 13, 2017 16:27
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A multi-partisan activist group established to expose and resist US imperialism, corpora-terrorism, and the New World Order

Takata agrees to guilty plea, will pay $1B for hiding defect | 13 Jan 2017 | Takata Corp. has agreed to plead guilty to a single criminal charge and will pay $1 billion in fines and restitution for a years-long scheme to conceal a deadly defect in its automotive air bag inflators. The U.S. Attorney’s Office in Detroit announced the deal Friday, hours after it unsealed a six-count grand jury indictment against three former Takata executives who are accused of executing the scheme by falsifying and altering test reports that showed the inflators could rupture…At least 11 people have been killed in the U.S. and 16 worldwide because of the defect. More than 180 have been injured.



Source: http://www.legitgov.org/Takata-agrees-guilty-plea-will-pay-1B-hiding-defect

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