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Tokyo prosecutors raid ad agencies Hakuhodo, Tokyu Agency in bid-rigging probe

28/11/2022 12:32
        Tokyo prosecutors on Monday raided the offices of advertising agencies Hakuhodo DY Holdings Inc and Tokyu Agency in connection with possible bid-rigging related to Tokyo Olympics test events, Japanese broadcaster NTV reported on Monday.
        
        The move follows Friday's raid on the headquarters of another ad agency, Dentsu Group Inc, part of a widening scandal into corruption during the Tokyo 2020 Olympics.
        
        Prosecutors also raided two other firms, including TV production firm FCC, a subsidiary of Fuji Media Holdings Inc , the Asahi daily reported.
        
        In August, Haruyuki Takahashi, a former member of the Tokyo 2020 Olympics board and before that a Dentsu executive, was arrested on suspicion of receiving bribes from Olympic sponsors.
        



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