- Home >> Features >> Technology
Is Toshiba embroiled in Japan’s ‘worst corporate scandal in a decade?’
- Tuesday | 15th June, 2021
“We merely implemented policies that were natural for METI,” he told a regular post-cabinet news conference. A shareholder-commissioned independent investigation last week alleged Toshiba management colluded with Japan’s trade ministry to block foreign investors from gaining board influence, in what one top Toshiba shareholder has called the world’s worst corporate scandal in a decade. Kajiyama said, however, that he saw the report as an internal Toshiba investigation and did not think the report was all true. It will be interesting to see how much media and shareholder pressure is now put on the Trade Ministry and Toshiba itself. It could, indeed, be ‘the worst corporate scandal in a decade’ and if so, more heads will roll.
If You Like This Story, Support NYOOOZ
Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.
