Tokyo Olympics Bid-Rigging Trial Underway
Advertising giant Dentsu among companies facing charges, potential penalties include hefty fines and prison terms.
- Dentsu, the advertising giant, and five other companies are facing criminal charges in a bid-rigging trial related to the Tokyo Olympics.
- Seven individuals, including Koji Henmi who oversaw the sports division at Dentsu at the time, are also facing charges.
- The maximum penalty for a company convicted of bid-rigging is a fine of up to 500 million yen ($3.3 million), while an individual faces up to five years in prison and a fine of up to 5 million yen ($33,000).
- Tokyo prosecutors are also investigating a separate bribery scandal centered around Haruyuki Takahashi, a former Dentsu executive.
- The scandal has ruined the chances of the northern city of Sapporo of landing the 2030 Winter Olympics.