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Dentsu, Hakuhodo, and ADK are among the many corporations and people dealing with felony prices over bid-rigging for the 2020 Tokyo Olympics.
Dentsu Group president and CEO Hiroshi Igarashi has already admitted Dentsu’s involvement and collusion in planning and fixing the pre-Video games take a look at occasions and primary competitions on the Olympics and Paralympics. Former ADK Holdings president Shinichi Ueno has additionally admitted to bribery prices.
Dentsu has already been barred from pitching for public occasions for a yr. In an announcement issued to Marketing campaign Asia Dentsu mentioned it could type an investigation committee, take disciplinary motion in opposition to people concerned and tighten governance.