Dentsu suspended from bidding for Tokyo and Osaka government contracts
The order follows allegations of Olympic bid rigging scandal
Dentsu has reportedly been suspended from bidding for Tokyo and Osaka Prefecture government contracts in Japan. The decision has been taken Tokyo Metropolitan Government and Osaka Prefecture days after Dentsu officials reportedly admitted to colluding with Tokyo Olympic officials to rig the bidding for test event contracts for the Olympic and Paralympic Games.
According to a media report, Dentsu will be suspended from bidding for contracts for one year. The order, however, does not apply to existing signed contracts.
Officials in Tokyo are investigating allegations that a former Tokyo Olympics and Paralympics organising committee executive and former senior managing director at Dentsu Inc received bribes from advertising agencies. The police allege that the executive colluded with agencies by ensuring they were the sole bidders for contracts to host test events at planned Tokyo Games venues.
