Toshiba CEO apologises to Japan PM office for accounting scandal


TOKYO: Toshiba Corp's chief executive apologised to Prime Minister Shinzo Abe's office on Wednesday after revelations of wide-spread accounting irregularities at the industrial conglomerate embarrassed government efforts to improve the country's corporate governance.

An independent inquiry last month found Toshiba had inflated its profits by US$1.2 billion over several years.

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