Tokyo prosecutors on Tuesday arrested the president of a tech venture known as one of the developers of the world’s fourth-fastest supercomputer on suspicion of defrauding a governmental institution of 431 million yen in subsidies.
Tokyo prosecutors on Tuesday arrested the president of a tech venture known as one of the developers of the world’s fourth-fastest supercomputer on suspicion of defrauding a governmental institution of 431 million yen in subsidies.
The special investigation squad of the Tokyo District Public Prosecutors Office also arrested another official connected with the case and raided the Tokyo headquarters of PEZY Computing, which was part of the team that developed the «Gyoukou» supercomputer.
According to the prosecutors, President Motoaki Saito, 49, and Daisuke Suzuki, 47, are suspected of illegally receiving the subsidies from the New Energy and Industrial Technology Development Organization after padding expenses for the venture firm’s technological development.
