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Japanese prosecutors raid advert businesses in Tokyo Olympics probe

Local media say the raids are related to alleged bid rigging for the Tokyo Olympics test events.

Tokyo prosecutors have raided the offices of advertising agencies Hakuhodo DY Holdings and Tokyu Agency in connection with possible bid rigging related to the Tokyo Olympics test events, Japanese broadcaster NTV reported.

Prosecutors also raided two other companies, including television production company FCC, a subsidiary of Fuji Media Holdings, the Asahi newspaper reported on Monday.

Public broadcaster NHK and other local media reported that the companies are under investigation on suspicion of bid rigging for contracts related to Olympic Games test events.

The raids come after authorities raided advertising agency Dentsu Group on Friday as part of a widening investigation into alleged corruption in the run-up to the 2020 Games, which were postponed a year due to the pandemic. of coronavirus.

Dentsu dominates event planning, marketing and public relations in Japan, and helped win the Tokyo 2020 Games. The group, valued at about $9 billion, also has extensive international business.

Haruyuki Takahashi, a former Dentsu executive, has been arrested four times in recent months on charges of receiving bribes from various companies that became sponsors of the Games.

Companies involved in the earlier sponsorship scandal include Aoki Holdings, a clothing company that outfitted Japan’s Olympic team, and Sun Arrow, which produced Tokyo’s Olympic and Paralympic mascots Miraitowa and Someity.

Speculation has been growing that the escalating scandal could tarnish Japan’s bid for the 2030 Winter Olympics.

The International Olympic Committee has said it is monitoring Japan’s investigation, stressing that it has “every interest in the full clarification of this case.”

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Merry

Merry C. Vega is a highly respected and accomplished news author. She began her career as a journalist, covering local news for a small-town newspaper. She quickly gained a reputation for her thorough reporting and ability to uncover the truth.

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