Kobe Steel Ltd said on Tuesday it had been raided by Japanese regulators over a data tampering scandal revealed last year which had continued for almost 50 years. Prosecutors and police searched its headquarters in Tokyo and Kobe, as well as other facilities on suspicion that the firm violated a…
Kobe Steel Ltd said on Tuesday it had been raided by Japanese regulators over a data tampering scandal revealed last year which had continued for almost 50 years.
Prosecutors and police searched its headquarters in Tokyo and Kobe, as well as other facilities on suspicion that the firm violated a law aimed at preventing unfair competition, local media reported.
„We have been subject to a raid since this morning and we are sincerely responding (to the regulators),“ a Kobe Steel spokesman said, adding that the firm could not give any further comment.
