Tag - scandals

 
 

SCANDALS

BUSINESS / Companies
Dec 11, 2015
Scandal-hit Toshiba to unveil restructuring steps later this month
Toshiba Corp. plans to unveil restructuring steps for its loss-making TV, personal computer and white goods businesses around Dec. 21, sources familiar with the matter said Friday.
BUSINESS / Companies
Dec 8, 2015
Toshiba to seek over ¥1 billion in damages from former execs
Toshiba Corp. will likely seek more than ¥1 billion in total from five former executives in a damages suit filed by the company to hold them accountable for negligence that led to an accounting scandal, sources said.
Japan Times
ASIA PACIFIC / Politics
Dec 8, 2015
Malaysia's Najib says 'conscience clear' as funding scandal festers
Malaysian Prime Minister Najib Razak said he had done nothing wrong in receiving hundreds of millions of dollars into his personal bank accounts, as his party opened its annual meeting on Tuesday amid tensions over a festering funding scandal.
JAPAN
Dec 7, 2015
Textbook publisher apologizes over wining and dining of school principals
Publisher Sanseido Co. apologizes for plying school principals with free food, drinks and accommodations during 'consultations' on textbooks.
COMMENTARY / Japan
Dec 6, 2015
It should be home sweet home, but not in Japan
The destructive nexus between construction companies, bureaucracy and politicians is largely responsible for Japan's glut of rapidly depreciating houses.
BUSINESS
Dec 6, 2015
Pursuing transparency, Vatican orders external audit of assets
The Vatican said Saturday it had ordered the first external audit of its assets as part of a drive by Pope Francis to bring transparency to its finances where millions of euros have gone unrecorded without any central oversight.
WORLD / Crime & Legal
Dec 4, 2015
French tycoon Tapie says he faces total ruin after court ruling on disputed business deal
French tycoon Bernard Tapie says he faces "total ruin" after a court ordered him to repay more than €400 million over a disputed business deal.
JAPAN
Nov 30, 2015
70% of residents at tilting condo complex want entire site rebuilt
Nearly 70 percent of condo owners in the Yokohama complex with a tilting building want the entire site rebuilt, according to a survey conducted by the management association.
JAPAN
Nov 25, 2015
TV Asahi punishes two officials after girl falls unconscious from inhaling helium on show
TV Asahi has punished its employees who were responsible for a television show in January in which a teenage female member of an idol group fell unconscious after inhaling helium.
JAPAN
Nov 25, 2015
Asahi Kasei internal probe finds piling data falsified in over 10% of projects
Asahi Kasei Corp. revealed Tuesday that piling data had been falsified in at least more than 10 percent of the projects worked on by a subsidiary over the past decade.
Japan Times
BUSINESS
Nov 24, 2015
VW wins approval to fix diesel engines in Europe
Volkswagen AG said it has approval to repair most of its rigged European diesel engines and made a deal with U.S. regulators to resubmit questionable software for review in 85,000 other vehicles, signs of progress in its effort to overcome the two-month-old emissions crisis.
Japan Times
WORLD / Crime & Legal
Nov 22, 2015
'Brotherhood of crime' to stand trial for Vatican leaks
The Vatican said Saturday it has charged five people over a damning leaks scandal at the heart of the Catholic Church, accusing the alleged ringleaders of forming a "brotherhood of crime."
Japan Times
BUSINESS
Nov 18, 2015
Japan's securities watchdog eyes record ¥7 billion fine for Toshiba
The Securities and Exchange Surveillance Commission plans to recommend imposing the fine for falsifying its financial reports, sources said Wednesday.
Japan Times
BUSINESS
Nov 18, 2015
Tokyo condos for sale dropped 6.5% in October amid scandal over piling work
Fewer apartments have been put up for sale in Tokyo since flaws were found in hundreds of buildings with falsified construction data, threatening to cut short a rally in home prices.
JAPAN
Nov 13, 2015
Asahi Kasei piling scandal grows to at least 50 workers, 266 sites
The company at the center of Yokohama's tilting condominium reveals that over 50 employees falsified data on at least 266 piling projects over the past decade.
COMMENTARY / Japan
Nov 13, 2015
Japan's place in the world
Once renowned for its economic success, recent business scandals have diminished Japan's influence and prestige on the world stage.
Japan Times
BUSINESS / Companies
Nov 12, 2015
Scandal-hit Toyo Tire's shareholders approve president's exit, new management
Toyo Tire & Rubber Co. shareholders on Thursday approved the resignation of President Takuji Yamamoto and the appointment of new management to win back public trust after revelations that substandard earthquake shock absorber pads were fitted to buildings.
EDITORIALS
Nov 11, 2015
Piling scandal needs deep probe
The probe into the piling data scandal mustn't end with individual companies and workers; instead it should dig deep into the very foundation of the construction industry and get at the real root of the problem.
Japan Times
JAPAN
Nov 10, 2015
Giants pitchers to be banned from baseball for betting on games
Nippon Professional Baseball will ban three Yomiuri Giants pitchers indefinitely for their involvement in a gambling scandal and fine the team ¥10 million.
JAPAN / Politics
Nov 10, 2015
Reconstruction minister denies misuse of political funds, underwear theft
Reconstruction minister Tsuyoshi Takagi on Tuesday dismissed any notion he will step down and denied separate allegations that he misused political funds and stole a young woman's underwear.

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