• Latest
  • Trending

Report: Kadokawa Chairman to Resign After Indictment for Bribery

December 3, 2022

Shania Twain, 57, Seen In Very Rare Photos With Husband As She Rolls Her Own Bag At Airport

January 4, 2023

Kelly Osbourne’s Son’s Name Is Revealed By Mom Sharon As She Returns To TV After Hospitalization

January 4, 2023

Nastia Liukin’s ‘Mental Toughness’ From The Olympics ‘Snapped’ Back During ‘Special Forces’ (Exclusive)

January 4, 2023

Chris Evans Calls Jeremy Renner ‘Tough As Nails’ After Snow Plow Accident: ‘Love You Buddy’

January 4, 2023

Keke Palmer Cradles Her Baby Bump In Strapless Swimsuit On Babymoon With Darius Jackson: Photos

January 4, 2023

Jinny Ng Reveals Why She Scolds Her Husband

January 4, 2023

Lee Seung Gi Will Not Back Down from Contractual Dispute

January 4, 2023

It’s Hard Out There for Artists: Talking About Musicians & Mental Health

January 4, 2023

Prince William Is Reportedly Too ‘Nervous’ to Talk to Prince Harry: ‘They’re Done’

January 4, 2023

Jenna Ortega Debuted a Wolf Cut Bob in a Dress Wednesday Addams Would Love—See Pics

January 4, 2023

Rihanna Just Shared the First Look at Her Baby Son’s Face and He Couldn’t Be Cuter—Watch the Video

January 4, 2023

Simone Biles and Jonathan Owens’s Relationship: A Complete Timeline

January 4, 2023
Retail
Friday, February 3, 2023
Submit/Manage Your own Posts
  • Login
  • Register
  • Tech
  • Science
  • Entertainment
  • Sport
  • Health
  • Lifestyle
  • World
  • Celebrities
  • Sports
No Result
View All Result
Live24x7.news
No Result
View All Result

Report: Kadokawa Chairman to Resign After Indictment for Bribery

by admin
December 3, 2022
in Entertainment
0

YOU MAY ALSO LIKE

Shania Twain, 57, Seen In Very Rare Photos With Husband As She Rolls Her Own Bag At Airport

Kelly Osbourne’s Son’s Name Is Revealed By Mom Sharon As She Returns To TV After Hospitalization

Report: Kadokawa Chairman to Resign After Indictment for Bribery

by Danica Davidson
October 4, 2022

It’s being reported by the Japanese news outlet Mainichi Shimbun that Kadokawa chairman Tsuguhiko Kadokawa, whom police believe illegally bribed an ex-member of the Tokyo 2020 Summer Olympics organizing committee, plans to put in his resignation. The Mainichi Shimbun said it got this information from Tsuguhiko Kadokawa’s defense team. The publisher Kadokawa, which was founded by Tsuguhiko’s father in 1945, hasn’t said anything (at least publicly) about a possible resignation.

However, the publisher Kadokawa is setting itself up for a press conference on October 5.

Tsuguhiko Kadokawa was arrested on September 14, and he was formally indicted today, October 4. After the news of the indictment came out, the publisher Kadokawa put out this statement:

“We take this matter very seriously, and deeply apologize to all those concerned including our readers, customers, authors, creators, business partners, shareholders, and investors for the considerable inconvenience this matter has caused.”

Police believe that someone at Kadokawa publishing spent about $480,000 bribing a way for Kadokawa to become an official sponsor of the 2020 Tokyo Olympics. Being a sponsor for something as big as the Olympics could potentially get a company on a lot of people’s radars around the world. But the allegations of bribery led to Kadokawa’s office being raided by authorities.

Police also arrested and indicted ex-Kadokawa executive Toshiyuki Yoshihara and ex-senior official Kyоji Maniwa. It is not known if they have claimed innocence or guilt.

Earlier Tsuguhiko Kadokawa had said that money was sent, but it was not a bribe. He said it was a consultancy fee, and that he had “absolutely no recognition on his part that the money constituted a bribe.”

As a whole, the publisher Kadokawa says it was not involved with the alleged bribery. It put out a statement earlier saying it will fully cooperate with the police investigation.

Source: ANN

___

Danica Davidson is the author of the bestselling Manga Art for Beginners with artist Melanie Westin, plus its sequel, Manga Art for Everyone, and the first-of-its-kind manga chalk book Chalk Art Manga, both illustrated by professional Japanese mangaka Rena Saiya. Check out her other comics and books at www.danicadavidson.com.

Read More
Photo Credit:

Tags: Kadokawareport
ShareTweetShare
  • Tech
  • Science
  • Entertainment
  • Sport
  • Health
  • Lifestyle
  • World
  • Celebrities
  • Sports
Email:live24x7.news.official@gmail.com Call/Whatsapp us: +91 9961702230

© 2022 Live24x7.news

No Result
View All Result
  • Tech
  • Science
  • Entertainment
  • Sport
  • Health
  • Lifestyle
  • World
  • Celebrities
  • Sports

© 2022 Live24x7.news

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In