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January 30, 2006 

Paper Reports Additional Facts on Yamaha's Exports of Unmanned Helicopters to China

Today's Asahi Shimbum reports additional details concerning Yamaha Motor Co., Ltd.'s recent exports of RMAX unmanned remote-controlled helicopters to China. The newspaper reports that one of the unmanned helicopters that Yamaha exported to China was sold to Poly Technologies Inc., a Beijing-based company established by high-ranking officers of the People's Liberation Army (PLA). The article also claims that received "several tens of millions of yen in rebates" in connection with sales of unmanned helicopters to Beijing BVE Technology Co., another Chinese company with close ties to the PLA. The paper states that investigators familiar with the case say that "Yamaha will face charges of violating the Foreign Exchange and Foreign Trade Control Law" in connection with these exports.

Monday, January 30, 2006 |posted by Douglas N. Jacobson|

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