Toshiba: Tax evasion scandal brings turmoil – The tax evasion scandal that has erupted centered around the company is expected to lead to the removal of CEO Hisao Tanaka
The tax evasion scandal that has been rocking Toshiba for a few days, in addition to an extremely steep fine that is expected to reach 3.2 billion dollars, will likely also lead to the immediate removal of the company's CEO, Hisao Tanaka.
It is noted that today the company's finances are under investigation by an independent authority and the findings are expected to shed light on a series of questionable and dubiously legal transactions.
A Reuters report from Japan states that it should not be considered unlikely that politicians are also connected to this particular scandal, an element that is expected to significantly complicate the case and also involve Japan's highest prosecutorial authorities.
A source cited by Toshiba, Reuters is reported to have statedthat the specific case is currently being investigated by independent authorities and there is currently no decision to dismiss any company executive.
Source: skai.gr
