Tokyo prosecutors raided the headquarters of ad agency Dentsu Inc and an events company on Friday, part of a widening scandal into corruption during the Tokyo 2020 Olympics.
The Tokyo District Public Prosecutors Office and the Japan Fair Trade Commission declined to comment on the reports of suspected bid-rigging.Cerespo did not respond to a request for comment.
The raid was conducted after advertising agency ADK Holdings informed the Fair Trade Commission of its involvement in collusion on bid-rigging, Kyodo news agency said. A representative for ADK declined to comment. Reporting by a company of its involvement in wrongdoing can often result in leniency from regulators when penalties are handed out.
In the earlier bribery scandal, Haruyuki Takahashi, a former member of the Tokyo 2020 Olympics board and before that a Dentsu Inc executive, was arrested in August on suspicion of receiving bribes from
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