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[–] derram 0 points 0 points (+0|-0) ago 

https://archive.fo/jT78f :

Kobe Steel admits data fraud went on nearly five decades, CEO to quit | Reuters

'The data fraud scandal, though, so far appears to have left Kobe Steel’s finances unscathed. '

'It is unclear how much a Justice Department fine would be. '

'But the company is also undergoing a U.S. Justice Department probe, meaning it still faces legal and financial risk. '

'TOKYO (Reuters) - Kobe Steel Ltd admitted on Tuesday its data fraud has been going on nearly five decades and also revealed new cases of cheating, highlighting the challenges facing the 112-year-old company mired in compliance failures and malfeasance. '

'Japan’s third-biggest steelmaker said its CEO will step down to take responsibility for the widespread data fraud scandal that came to light last year, although doubts remain over its corporate culture and the possibility of future fines. '


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[–] EricKaliberhall [S] 0 points 0 points (+0|-0) ago