Japanese prosecutors raid ad agencies in Tokyo Olympics probe

Native media say raids are associated to alleged bid-rigging for Tokyo Olympics take a look at occasions.

Tokyo
Tokyo prosecutors have raided a number of promoting businesses on suspicion of rigging bids for contracts associated to Olympics take a look at occasions [File: Kimimasa Mayama/EPA-EFE]

Tokyo prosecutors have raided the places of work of promoting businesses Hakuhodo DY Holdings and Tokyu Company in reference to potential bid-rigging associated to Tokyo Olympics take a look at occasions, Japanese broadcaster NTV has reported.

Prosecutors additionally raided two different corporations, together with TV manufacturing agency FCC, a subsidiary of Fuji Media Holdings, the Asahi each day reported on Monday.

Public broadcaster NHK and different native media reported that the businesses are being investigated on suspicion of rigging bids for contracts associated to Olympics take a look at occasions.

The raids come after authorities on Friday raided promoting company Dentsu Group as a part of a widening investigation into alleged corruption within the run-up to the 2020 Video games, which had been postponed for a 12 months due to the coronavirus pandemic.

Dentsu dominates occasion organising, advertising and public relations in Japan, and helped to land the 2020 Video games for Tokyo. The group, valued at some $9bn, additionally has an intensive worldwide enterprise.

Haruyuki Takahashi, a former government at Dentsu, has been arrested 4 occasions in current months on prices of receiving bribes from varied firms that turned sponsors for the Video games.

The businesses concerned within the earlier sponsorship scandal embody Aoki Holdings, a clothes firm that dressed Japan’s Olympic crew, and Solar Arrow, which produced the Tokyo Olympic and Paralympic mascots named Miraitowa and Someity.

Hypothesis has been rising that the burgeoning scandal might tarnish Japan’s bid for the 2030 Winter Video games.

The Worldwide Olympic Committee has stated it’s watching Japan’s investigation, stressing it had “each curiosity within the full clarification of this case”.

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