Japanese Publisher Gets Prison Term Over Tokyo Olympics Bribery
Tsuguhiko Kadokawa, the 82-year-old former chairman of major publishing house Kadokawa Corp., received a two-and-a-half-year prison term suspended for four years from the Tokyo District Court, media reported from the Japanese capital.
The octogenarian executive has maintained his innocence throughout legal proceedings that began with his arrest in September 2022.
Authorities indicted approximately 15 individuals following allegations that five Japanese corporations—including business suit retailer Aoki Holdings Inc.—funneled money to Haruyuki Takahashi, who previously served on the Tokyo Olympics organizing committee.
Takahashi, now 81, faces charges of accepting bribes but has entered a not guilty plea and continues to face trial proceedings.
Courts have already convicted 12 of those indicted, including subordinates who worked under Kadokawa.
According to the indictment, Kadokawa conspired with two former employees to transfer approximately 69 million yen ($436,000) to Takahashi between September 2019 and January 2021, seeking favorable treatment that included securing sponsorship status for the international sporting event.
Prosecutors had sought a three-year prison term for Kadokawa.
The publishing company secured designation as an "official supporter" of the Games under the book and magazine publishing services sponsorship category in April 2019.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.