Two contractors for Tokyo-Osaka maglev rail project ordered to partly halt business over bid-rigging
The transport ministry ordered two major contractors on Friday to temporarily suspend part of their business operations after they were fined last year by a Tokyo court for rigging bids for construction work on the Tokyo-Osaka maglev train project. Under the order based on Japan's ...
The Tokyo District Court has fined two major contractors for taking part in bid-rigging in connection with construction work for the Tokyo-Osaka maglev train project. Obayashi Corp. was ordered to pay ¥200 million and Shimizu Corp. was hit with a ¥180 million fine for violating ...
Four Japanese maglev contractors barred from industry ministry tenders
The industry ministry has suspended four of the nation's biggest construction companies from bidding for public works projects ordered by the ministry for four months following their indictment for alleged bid-rigging on maglev train projects. Obayashi Corp., Kajima Corp., Shimizu Corp., and Taisei Corp. have ...
FTC files criminal complaint against four Tokyo-Osaka maglev contractors over alleged bid-rigging
The Fair Trade Commission on Friday filed a criminal complaint against four major contractors for their alleged involvement in bid-rigging over contracts related to a Tokyo-Osaka maglev train link. The anti-monopoly body lodged the complaint with the prosecutor general, suspecting Obayashi Corp., Kajima Corp., Shimizu ...
Ministry considers barring contractors involved in maglev bid-rigging from designated bidders' list
The infrastructure ministry said Tuesday it will consider excluding contractors involved in bid-rigging related to the Tokyo-Osaka maglev train project from its list of designated bidders. Land, Infrastructure, Transport and Tourism Minister Keiichi Ishii, speaking at a regular news conference, said he will consider excluding ...
Contractors claim no illegality in their maglev train bidding and will not seek leniency deal
Three major construction companies being investigated for suspected bid rigging on a magnetically levitated train line project claim they did not engage in any illegal behavior and do not plan to seek leniency in exchange for admitting to the allegation, sources familiar with the ...
Probe into maglev bid obstruction at Obayashi Corp. extends to two more firms
Prosecutors questioned executives from Shimizu Corp. and Taisei Corp. on a voluntary basis following alleged bidding obstruction by Obayashi Corp. in connection with the maglev train project, sources said Wednesday. The three major construction firms and Kajima Corp. won contracts for 15 out of 22 ...
Prosecutors question execs at Obayashi and other top contractors over suspicious maglev deals
The fraud investigation targeting Obayashi Corp. is spreading to the nation’s other major general contractors as prosecutors scrutinize deals related to the ¥9 trillion maglev project.
Obayashi's HQ searched for evidence of fraud linked to maglev bids
Prosecutors have raided Obayashi Corp.'s headquarters and other locations to investigate possible fraud in bidding on contracts for a ¥9 trillion ($79 billion) maglev train project, people close to the matter said Saturday. The prosecutors searched the contractor's head office in Tokyo and other sites ...
Obayashi Corp. is considering building a wind power project with as much as 455 megawatts of capacity off the coast of Akita Prefecture, amid a push by the local government to expand the use of clean energy. The Tokyo-based construction company plans to begin an ...
