Yamada Corp. to face justice?
Defense Minister Shigeru Ishiba said Nov. 25 he is considering filing a criminal complaint against defense trader Yamada Corp. for padding bills for equipment supplied to the Maritime Self-Defense Force.
"It's fraud rather than padding, as written estimates have been forged to try to defraud the entire Defense Ministry," Ishiba said on a TV Asahi talk show. "If the facts are confirmed, we should file a complaint."
The ministry decided Nov. 22 to suspend transactions with Yamada and its U.S. subsidiary, Yamada International Corp., for padding bills for at least two contracts in fiscal 2003 and 2004.
The Japan Times Weekly: Dec. 1, 2007 (C) All rights reserved
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