Japan¡¯s Fair Trade Commission said it filed criminal complaints against Dentsu Group along with five more advertising firms plus seven individuals over alleged bid-rigging on contracts for the Tokyo 2020 Olympics, as per Reuters.??
The complaint is a fresh development after months of investigations into alleged corruption relating to the Tokyo Olympics and Paralympics Games held in 2021.
"We determined that this is a malicious and serious case that will have a broad impact on people's lives," FTC investigator Goh Okumura said while speaking at a media briefing.?
The other companies are Hakuhodo DY Holdings Inc 2433.T, Tokyu Agency Inc, Fuji Creative Corporation, Cerespo Co 9625.T and Same Two Inc, the FTC said.?
Prosecutors recently arrested a former Tokyo Olympics organising committee official along with executives at Dentsu and others.?
Dentsu, Cerespo and Fuji Creative can no longer bid at the industry, foreign and education ministries for 9 months.?