Police on Thursday arrested Arifumi Himeno, who hours earlier quit as president of Sasebo Heavy Industries Co., over allegations the company fraudulently obtained government subsidies, according to police sources.
Himeno, 63, was arrested with six other Sasebo Heavy executives, including Yukio Mizuhiro, 53, a former deputy chief of the firm's shipbuilding plant in Sasebo, Nagasaki Prefecture.
Himeno's arrest came just hours after he apologized over the scandal at the firm's annual shareholders' meeting. His resignation as president was officially approved at the meeting.