Kawasaki Heavy Found to Have Pooled 1.7 B. Yen in Slush Funds

Tokyo, Dec. 27 (Jiji Press)--Kawasaki Heavy Industries Ltd. created 1.7 billion yen in slush funds over the six years through fiscal 2023 through fictitious transactions involving repair contracts for Japanese Maritime Self-Defense Force submarines, the Defense Ministry said Friday. Some of the funds were used by the Japanese defense contractor to wine and dine MSDF personnel, the ministry ...

Kawasaki Heavy Found to Have Pooled 1.7 B. Yen in Slush Funds
Tokyo, Dec. 27 (Jiji Press)--Kawasaki Heavy Industries Ltd. created 1.7 billion yen in slush funds over the six years through fiscal 2023 through fictitious transactions involving repair contracts for Japanese Maritime Self-Defense Force submarines, the Defense Ministry said Friday. Some of the funds were used by the Japanese defense contractor to wine and dine MSDF personnel, the ministry ...