Tag - scandals

 
 

SCANDALS

Japan Times
BUSINESS / Companies
Sep 27, 2015
VW scandal exposes cozy ties between Germany's auto industry, government
Angela Merkel learned early in her political career that taking on the German car industry carries risks.
COMMENTARY / World
Sep 27, 2015
Something is rotten in the state of Germany
Malfeasance like that at Volkswagen, Deutsche Bank and Siemens, and the lack of executive responsibility for it, may be built into the German corporate governance system.
Japan Times
WORLD / Politics
Sep 26, 2015
U.S. government discovers new email Clinton did not hand over
The U.S. Defense Department has found an email chain that Hillary Rodham Clinton did not give to the State Department, the State Department said on Friday, despite her saying she had provided all work emails from her time as secretary of state.
Japan Times
BUSINESS / Companies
Sep 23, 2015
Volkswagen needs to explain away software to avoid criminal charges, experts say
Volkswagen AG will probably have to show there was some legitimate reason to install software that led to false vehicle emissions tests if it is to avoid U.S. criminal charges, lawyers said on Tuesday.
Japan Times
BUSINESS / Companies
Sep 23, 2015
Turing CEO will lower price of $750-a-pill antibiotic — but doesn't say how much
Martin Shkreli, chief executive officer of Turing Pharmaceuticals AG, said he would lower the price of the drug Daraprim after being criticized for boosting it fifty-fold to $750 a pill.
Japan Times
BUSINESS
Sep 19, 2015
VW admits cheating on U.S. pollution tests; criminal charges weighed
Volkswagen AG's admission that it cheated to make its diesel cars appear cleaner-burning leaves it facing billions in fines, its executives risking criminal charges and its U.S. expansion plans in tatters.
Japan Times
BUSINESS / Companies
Sep 18, 2015
Pressure to show a profit led to Toshiba's accounting scandal
Manufacturing giant Toshiba Corp.'s president and seven other directors were forced to resign when an investigation revealed in July that the firm had doctored the books and had padded its profits over the past seven years to the tune of hundreds of billions of yen.
BUSINESS / Companies
Sep 1, 2015
Toshiba probing 10 new accounting issues, including at U.S. unit
Toshiba Corp. has uncovered 10 new cases of accounting problems, including at a U.S. unit, prompting it to miss a regulator's deadline for submission of its fiscal 2014 earnings release.
JAPAN / Politics
Aug 27, 2015
Ex-LDP lawmaker Takaya Muto involved in sex scandal: report
Takaya Muto, a Lower House member who quit the Liberal Democratic Party over an alleged money scandal last week, has engaged in sexual intercourse with a 19-year-old male prostitute repeatedly since last November, the latest issue of weekly magazine Shukan Bunshun reported.
JAPAN / Politics
Aug 26, 2015
Lawmaker Takaya Muto denies involvement in stock fraud, says he won't resign
Embattled Lower House lawmaker Takaya Muto on Wednesday dismissed an allegation that he was involved in investment fraud and said he had no plans to resign from the Diet.
JAPAN / Politics
Aug 20, 2015
Shiga residents slam lawmaker who resigned from LDP amid money scandal
Lower House member Takaya Muto, who quit the Liberal Democratic Party on Wednesday over allegations of a financial scandal, has come under fire among his constituents in Shiga Prefecture for betraying their trust, and faces an uncertain future as an independent politician.
BUSINESS / Markets
Jul 30, 2015
After rough bond performance, Toshiba seen facing more capital hits
Toshiba Corp.'s bonds were Japan's biggest losers this month, and the worst may not be over in the nation's latest accounting scandal.
Japan Times
ASIA PACIFIC / Politics
Jul 28, 2015
Malaysian leader Najib sacks deputy as fallout from financial scandal grows
Malaysian Prime Minister Najib Razak removed his deputy in a Cabinet reshuffle, potentially widening their public rift over financial scandals linked to the state investment company.
WORLD / Politics
Jul 27, 2015
Senior British lord quits after paper posts alleged drugs video
A senior British lord quit his post Sunday and will face a police investigation after a tabloid newspaper released a video showing him semi-naked and snorting white powder through a banknote while partying with two women.
Japan Times
BUSINESS / Companies
Jul 22, 2015
How Toshiba's inability to acknowledge 'embarrassing' figures led to massive misrepresentation
"Get it done like your life depends on it."
Japan Times
BUSINESS / Companies
Jul 21, 2015
Heads roll at Toshiba as scandal claims top brass
President Hisao Tanaka resigns over the accounting scandal that saw the firm allegedly pad its profits over the past seven years.
BUSINESS / Companies
Jul 21, 2015
Toshiba's accounting scandal among biggest in Japan corporate history
Toshiba Corp.'s ¥152 billion ($1.2 billion) accounting scandal, caused by top executives setting unrealistic profit targets, ranks among the largest in Japanese corporate history.
BUSINESS / Companies
Jul 15, 2015
Toshiba CEO to step down in September over accounting scandal
Toshiba Corp. Chief Executive Hisao Tanaka will step down in September along with other board members including Vice Chairman Norio Sasaki to take responsibility for accounting irregularities, sources familiar with the matter said.
Japan Times
BUSINESS / Economy
Jun 6, 2015
Malaysian jungle graves add to Obama's TPP headache in Congress
The discovery of scores of graves in people-smuggling camps in Malaysia is casting a shadow over President Barack Obama's signature trade deal as U.S. lawmakers consider punishing trading partners that are soft on human trafficking.
Japan Times
ASIA PACIFIC / Politics
Apr 26, 2015
Honeymoon over for Indonesian leader as policy flip-flops erode authority
When Indonesian President Joko Widodo wanted to push this year's budget through the opposition-dominated parliament, he left it to his advisers to hash out a deal with lawmakers.

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji