Dentsu Group president accepts culpability in Video games bid rigging, ET BrandEquity

The brand of Dentsu Co. is seen on the entrance of the corporate headquarters in Tokyo

The president of Japanese promoting big Dentsu Group has acknowledged company accountability for suspected huge rigging on contracts for the Tokyo 2020 Olympics, NHK reported on Saturday.

Dentsu president Hiroshi Igarashi made the feedback throughout questioning by Tokyo prosecutors, the nationwide broadcaster mentioned, citing sources it didn’t identify.

Dentsu representatives couldn’t instantly be reached exterior of enterprise hours. An individual who answered the cellphone on the Tokyo District Public Prosecutors Workplace mentioned nobody was accessible to remark over the weekend.

Prosecutors this month arrested ex-Tokyo Olympic official Yasuo Mori and executives at Dentsu Group subsidiary Dentsu Inc, Cerespo Co and Fuji Artistic Corp, a subsidiary of Fuji Media Holdings Inc, in reference to the suspected rigging of bidding for Video games-related occasions.

The three corporations have additionally been barred from bidding for contracts on the trade, overseas and schooling ministries for 9 months.

Previous to becoming a member of Dentsu, Gahlaut held the place of chief inventive officer and managing director at Publicis Worldwide, India.

Adidas and Main League Soccer in the US on Wednesday introduced a multi-year extension to their partnership that sees the German sports activities items maker proceed because the official provider for the league, golf equipment and youth academies.

  • Printed On Feb 27, 2023 at 07:37 AM IST

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