Short measure
17th September 1992, Page 28
17th September 1992
Page 28

Page 28, 17th September 1992
— Short measure
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Idhe collapse of Communism seems to have left freight forwarder LEP Group in the red. Chairman David James, who is struggling to get the debt-ridden company back on its feet, claims that LEP's troubles are at least partly due to Perestroika.
The company had just delivered a consignment of vodka and cigarettes to a Red Army base in East Germany, when the Berlin Wail came down. The departing Russians omitted to pay customs duty on the goods, leaving the British firm with a hefty £1.4m bill to cover. Jack Wasp, managing director of LEP's freight forwarding operation, describes the incident as "a bit of a swine and a rotten piece of luck".