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Prosecutors arrest a former operations executive at the Tokyo Olympics organizing committee on suspicion of playing a lead role in bid rigging for contracts related to games test events, a source close to the matter says.
Several officials of Japanese ad giant Dentsu Inc. have admitted to collusion over bid rigging for contracts related to test events for the Tokyo Olympic and Paralympic Games, a source familiar with the matter says.
Japanese prosecutors and a fair trade watchdog on Nov. 28 searched offices including the headquarters of major advertising agency Hakuhodo Inc. on suspicion of bid rigging for contracts related to test events for last year's Tokyo Olympics, just days after raiding another ad giant.
Major Japanese advertising agency ADK Holdings Inc. has reported to the fair trade watchdog that it participated in bid rigging for the rights to organize test events for the Tokyo Olympics, a source close to the matter says.