Prosecutors nab CEO of ad firm ADK over Tokyo Olympics

Prosecutors nab CEO of ad firm ADK over Tokyo Olympics

The arrest marks the latest widening of a corruption scandal involving sponsors.

Prosecutors arrested former Tokyo Olympics board member Haruyuki Takahashi in August. (AP pic)
TOKYO:
Tokyo prosecutors today arrested the president and two former employees of Japanese advertising firm ADK Holdings Inc over suspected bribery related to the Tokyo 2020 Olympics, Japanese media said.

The arrests mark the latest widening of a corruption scandal involving Olympic sponsors that has centred on a former member of the Tokyo 2020 Olympics board, but has spread across corporate Japan.

Prosecutors arrested Shinichi Ueno, 68, the president and CEO of privately held ADK, and raided the company’s headquarters over suspicions it and a maker of stuffed toys paid a bribe of about ¥54 million related to the Olympics, Kyodo said.

Sun Arrow Inc, the stuffed toy maker, could not immediately be reached for comment.

A spokesman at ADK said the company had no immediate comment.

In August, prosecutors arrested a former member of the Tokyo 2020 Olympics board, Haruyuki Takahashi, on suspicion of receiving bribes.

Separately, media reported that prosecutors had decided to arrest Takahashi again today, meaning he faces longer detention so prosecutors can question him further.

Stay current - Follow FMT on WhatsApp, Google news and Telegram

Subscribe to our newsletter and get news delivered to your mailbox.