The chairman of FromSoftware parent company Kadokawa Corporation has been charged with bribery, it’s confirmed.
Tsuguhiko Kadokawa, who oversees the entire corporation and its numerous publishing, media, film and video game companies, was arrested on September 14 on suspicion of bribery.
He has now been charged with bribing a member of the Tokyo Olympics organising committee with ¥69 million . The corporation released a statement following the charge, which read: “Kadokawa Corporation announces that Tsuguhiko Kadokawa, Chairman of the Board, who was arrested on suspicion of bribery on September 14 2022, was prosecuted by the Tokyo District Public Prosecutors Office today.
“Today, I have decided to resign as chairman of Kadokawa,” Kadokawa said. “Recently, not only I but two other Kadokawa employees were arrested and prosecuted in connection with the corruption scandal involving the Tokyo Organizing Committee of the Olympic and Paralympic Games. “I feel it necessary to take responsibiity for this. This incident is a great ordeal for Kadokawa, and I believe that it needs a new structure in order to overcome it.”
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sony’s investment in FromSoftware could lead to movies or TV shows, says Hulst | VGCSony’s investment in FromSoftware could lead to movies or TV shows based on its games, says PlayStation Studios head Hermen Hulst.
Read more »
PlayStation is looking into ‘further investments’ to support its PC and mobile push | VGCPlayStation is looking into 'further investments' to support its PC and mobile push, PlayStation Studios head Hermen Hulst has said.
Read more »
Key Disco Elysium devs have reportedly ‘involuntarily’ exited the sequel | VGCKey members of Disco Elysium studio ZA/UM have left the company in an “involuntary” manner, it’s been claimed.
Read more »
No More Heroes 4 could happen with ‘big fan outcry’ says Suda 51 | VGCSuda 51 has said that another game starring No More Heroes protagonist Travis Touchdown could happen if there’s enough fan demand.
Read more »
Activision’s controversial CCO will step down ahead of Microsoft acquisition | VGCActivision Blizzard chief compliance officer Frances Townsend has stepped down from her role at the company, an email from Bobby Kotick has revealed.
Read more »