Federal and International

Former Top Executive of Japanese Automotive Parts Manufacturer Indicted for Role in Conspiracy to Fix Prices

Washington, DC—(ENEWSPF)—June 5, 2014. A Detroit federal grand jury returned a one-count indictment against a former top executive of a Japanese manufacturer of automotive parts for his participation in a conspiracy to fix prices of seatbelts, the Department of Justice announced today.

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The indictment, filed today in the U.S. District Court for the Eastern District of Michigan, charges Gikou Nakajima, a former executive at Takata Corp., with participating in a conspiracy to suppress and eliminate…

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