Robert Besser
29 Nov 2022, 15:50 GMT+10
TOKYO, Japan: Japanese prosecutors raided the headquarters of advertising company Dentsu, as part of a widening investigation into corruption during the 2020 Tokyo Olympics.
Footage of Tokyo District Prosecutors and Japan Fair Trade Commission officials entering Dentsu headquarters was broadcast nationwide.
In Japan, Dentsu dominates the sectors of event organizing, marketing and public relations, and it helped the country win the hosting of the 2020 Tokyo Games, attracting record domestic sponsorships.
Former Dentsu executive Haruyuki Takahashi has been arrested four times for receiving bribes from various companies that became sponsors for the Games.
According to the newspaper Nihon Keizai Shimbun and other Japanese media outlets, the latest investigation centers around bid-rigging for companies chosen to work on test events, with $3.6 million alleged to have exchanged hands involving nine companies and one organization.
The companies involved in the earlier sponsorship scandal include Aoki Holdings, a clothing company that dressed Japan's Olympic team, and Sun Arrow, which produced the Tokyo Olympic and Paralympic mascots, Miraitowa and Someity.
Media reports also said that events company Cerespo was raided on suspicion of involvement in bid-rigging.
Speculation has been growing that the burgeoning scandal may tarnish Japan's bid for the 2030 Winter Games.
Get a daily dose of Zimbabwe Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Zimbabwe Star.
More InformationRescue teams in Turkey and Syria continue the search for survivors of the catastrophic earthquake that hit the region on ...
WASHINGTON D.C.: The Biden administration has indicated that it could end federal protection for grizzly bears in the northern Rocky ...
MANILA, Philippines: The Philippines has granted the United States four more locations to open military bases, U.S. Defense Secretary Lloyd ...
WASHINGTON, DC - The global community has extended aid to Turkey and Syria following the devastating earthquakes that hit the ...
WASHINGTON D.C.: US lawmakers have called on the Department of Energy to release documents detailing attempts by Russian hackers to ...
Photo credit: Ercin Erturk / Anadolu AgencyThe death toll from Monday's massive 7.8 magnitude earthquake in Turkey and Syria has ...
Anjuna (Goa) [India], February 9 (ANI): Two Ugandan women were arrested here with drugs with a market value of nearly ...
Beijing [China], February 8 (ANI): China has massively invested in over 150 countries majority of them being underdeveloped nations which ...
Washington [US], February 8 (ANI): Russia's Foreign Minister Sergey Lavrov's remark that the war is "started by the West," is ...
World No. 3 Ons Jabeur of Tunisia announced Wednesday that she has elected to undergo "minor surgery" and has pulled ...
Thimpu [Bhutan], February 8 (ANI): India and Bhutan share unique and exemplary bilateral relations, which are based on mutual trust, ...
Field Level Media's Golf Glance provides weekly news and storylines from each of the major North American golf tours. PGA ...