Around 40 billion yen in negotiated contracts were awarded to firms involved in bid rigging for test events and competitions for the Tokyo Olympic and Paralympic Games, sources close to the matter say. Some companies were also aware that they would be able to enter into further negotiated contracts for…
Around 40 billion yen ($307 million) in negotiated contracts were awarded to firms involved in bid rigging for test events and competitions for the Tokyo Olympic and Paralympic Games, sources close to the matter said on Jan. 30.
Several officials of Japanese ad giant Dentsu Inc. have admitted to collusion over bid rigging for contracts related to test events for the Tokyo Olympic and Paralympic Games, a source familiar with the matter says.
Tokyo Olympic organizers at home and abroad are believed to have already shared information in 2018 on how to select companies running competition venues before biddings for pre-games test events started, a source close to the matter said. The revelation involving the International Olympic Committee comes as Tokyo prosecutors have…
Japanese prosecutors and a fair trade watchdog on Nov. 29 searched units of major advertising agencies ADK Holdings Inc. and Dentsu Group Inc. on suspicion of rigging bids for contracts related to test events for last year's Tokyo Olympics.