Japan seeks charges against ad firms over Olympics contracts
Japanese authorities have alleged that companies rigged the bids for 26 contracts worth $3.95m.
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Japanese authorities have alleged that companies rigged the bids for 26 contracts worth $3.95m.
Japan's biggest advertising agency and five other companies were indicted on Tuesday for allegedly violating an anti-monopoly law, in a corruption scandal over bid-rigging during the Tokyo Olympics.
Dentsu Group charged after arrest of Tokyo 2020 committee official accused of rigging Games-related tenders
The president of Dentsu Group Inc. has admitted to prosecutors the Japanese ad giant's involvement in rigging bids over the Tokyo Olympics, sources close to the matter say, as a corruption scandal engulfing the global sports event widened.
Dentsu, Japan's largest advertising agency group, has been suspended from government contract bidding by the Tokyo Metropolitan Government and Osaka Prefecture, according to a report from The Drum. Similar actions have been taken by The Japan Association for the 2025…