Execs' Breach of Duties Costs Nidec 27.6 B. Yen in Accounting Fraud
Kyoto, Oct. 20 (Jiji Press)--A committee investigating Nidec Corp.'s accounting fraud released on Tuesday a report recognizing that nine individuals breached their duties as company executives and subsequently caused damage totaling about 27.6 billion yen to the Japanese motor maker. The committee determined that the nine are liable for the damage. Among them are Shigenobu Nagamori, founder ...
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