Toshiba's chairman resists calls to resign, to bring in new directors


FILE PHOTO: The logo of Toshiba Corp. is seen at the company's facility in Kawasaki, Japan June 10, 2021. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters) -Toshiba Corp's chairman on Monday pushed back against calls from shareholders to resign, saying he wanted to help to put things right at the crisis-hit Japanese conglomerate and would bring in new directors.

Toshiba is in the spotlight after an independent investigation last week alleged that management colluded with Japan's trade ministry to block foreign investors from gaining board influence, in what one top shareholder called the world's worst corporate scandal in a decade.

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