A document leak shows that former executives of a unit run by KDDI Corp. strongly resisted changing auditors before suspicious accounting came to light and led to their arrest in 2015.
The documents, obtained by a group of international journalists, suggest along with the unit's records that three former executives of Hong Kong-based DMX Technologies Group Ltd., including its CEO at the time, were involved in false transactions with Chinese firms via two entities set up in the British Virgin Islands, a known tax haven.
The documents, dubbed the "Paradise Papers," are similar to last year's "Panama Papers" and were obtained by the German newspaper Sueddeutsche Zeitung and shared with the International Consortium of Investigative Journalists.