Japan Highway Public Corp. said Monday it has dismissed Vice President Michio Uchida for alleged involvement in rigging bids for bridge projects.

Uchida, 60, was indicted Aug. 15.

Japan Highway explained its decision by saying Uchida is unable to perform his duties regarding the company's privatization, which is slated for Oct. 1.

"We solemnly accept the latest scandal as a problem of our entire organization," Japan Highway President Takeshi Kondo said in a statement.