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Kobe Steel HQ raided over data tampering - local media

Published 05/06/2018, 02:31
Updated 05/06/2018, 02:40
© Reuters. FILE PHOTO: The logo of Kobe Steel Kobelco is seen at the company headquarters in Kobe

© Reuters. FILE PHOTO: The logo of Kobe Steel Kobelco is seen at the company headquarters in Kobe

TOKYO (Reuters) - Kobe Steel Ltd's (T:5406) headquarters was raided on Tuesday by the Tokyo District Public Prosecutors Office and the Metropolitan Police Department in relation to its data tampering scandal, local media reported.

Kobe Steel admitted in March its data fraud has been going on nearly five decades and also revealed new cases of cheating. Its CEO will step down to take responsibility for the scandal that came to light last year.

© Reuters. FILE PHOTO: The logo of Kobe Steel Kobelco is seen at the company headquarters in Kobe

A Kobe Steel spokesman said the company is looking into the matter.

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