accounting problems

Toshiba president, senior execs quit over $1.2 bn scandal

Toshiba president, senior execs quit over $1.2 bn scandal

Toshiba president Hisao Tanaka and his predecessor Norio Sasaki resign over a $1.2 billion accounting scandal blamed on management's overzealous pursuit of profit that has battered one of Japan's best-known firms.

July 21, 2015
July 21, 2015
Toshiba president, senior execs quit over $1.2 bn scandal

Toshiba president, senior execs quit over $1.2 bn scandal

Toshiba president Hisao Tanaka and his predecessor Norio Sasaki resign over a $1.2 billion accounting scandal blamed on management's overzealous pursuit of profit that has battered one of Japan's best-known firms.