Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Cerespo"


4 mentions found


TOKYO (AP) — The bid-rigging trial around the Tokyo Olympics played out Tuesday in a Japanese courtroom — more than two years after the Games closed — with advertising giant Dentsu and five other companies facing criminal charges. Executives or management-level officials at each of the accused companies, and Tokyo Olympic organizing committee official Yasuo Mori, have been charged with violating anti-monopoly laws. Speaking in Tokyo district court, he said no bid process was ever decided upon or set up by the Tokyo Olympic organizing committee. Once the Olympics landed in Tokyo, Dentsu became the chief marketing arm of the Games and raised a record $3.3 billion in local sponsorship. Takahashi was a member of the Tokyo Olympic organizing committee and wielded powerful influence over the Olympic business.
Persons: Koji Henmi, Yasuo Mori, Cerespo, Dentsu, Sebastian Coe, Thomas Bach, Genta Yoshino, Henmi, ” Yoshino, Yoshino, Yoshiro Mori, Toshiro Muto, Tsunekazu Takeda, Haruyuki Takahashi, Takahashi Organizations: TOKYO, Tokyo Olympics, Tokyo Olympic, Tokyu Agency, Olympic Committee, IOC, Bank of Japan, Tokyo, Japanese Olympic Committee, Tokyo Metropolitan Government, Olympic, Aoki Holdings, Paris Locations: Tokyo, Dentsu, Switzerland, Japan, Sapporo, French, Salt Lake City, Osaka, paris
TOKYO, Feb 28 (Reuters) - Japan's Fair Trade Commission said on Tuesday it filed criminal complaints against Dentsu (4324.T) and five other firms as well as seven individuals over alleged bid-rigging on contracts for the Tokyo 2020 Olympics. The complaint marks the latest development in months of investigations into alleged corruption in the planning and sponsorship of the Tokyo Olympics and Paralympics Games, held in 2021 after a pandemic-driven postponement. Tokyo prosecutors are planning to the bring the charges on Tuesday, Kyodo News agency said. Dentsu, Cerespo and Fuji Creative have already been barred from bidding for contracts at the industry, foreign and education ministries for nine months. Reporting by Satoshi Sugiyama, Kantaro Komiya, Kaori Kaneko; Editing by Chang-Ran Kim and Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.
TOKYO, Feb 8 (Reuters) - Japanese prosecutors arrested on Wednesday a former Tokyo Olympics organising committee official and executives at three advertising agencies on suspected bid-rigging of test events for the Games, the Tokyo District Public Prosecutors Office said. The media reports later said the prosecutors also arrested three executives at advertising and event-planning firms Dentsu Inc (4324.T), Cerespo Co (9625.T) and Fuji Creative Corporation, a subsidiary of Fuji Media Holdings Inc (4676.T). Dentsu said in a statement that a former employee, who currently works at a group firm in Japan, was arrested. The bid-rigging investigation comes after a bribery scandal, in which Haruyuki Takahashi, a former member of the Tokyo 2020 Olympics board and before that a Dentsu executive, was arrested in August on suspicion of receiving bribes from Olympic sponsors. Executives from ADK, suits retailer Aoki Holdings (8214.T) and publishing firm Kadokawa (9468.T) have also been arrested in connection with the bribery scandal.
TOKYO, Nov 25 (Reuters) - Tokyo prosecutors raided the headquarters of ad agency Dentsu Inc and an events company on Friday on suspicion of rigging bids for Tokyo Olympics test events, public broadcaster NHK and other domestic media reported on Friday. Shares in its parent company Dentsu Group Inc (4324.T) slumped 4% on the news. The move marks a widening of scandal over the Tokyo 2020 Olympics that also saw Dentsu Inc offices raided earlier this year. The Tokyo District Public Prosecutors Office and the Japan Fair Trade Commission declined to comment on the reports of suspected bid-rigging. Prosecutors have also searched the home of a Tokyo 2020 Organising Committee executive who was suspected of having handled the project orders for the test events, Kyodo news agency reported.
Total: 4