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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.
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