Prosecutors raid 11 oil firms over bid rigging

TOKYO, Japan - Prosecutors head for the main office of Nippon Mitsubishi Oil Corp. in Tokyo on Oct. 14 to raid the company on suspicion of rigging bids on fuel sold to the Defense Agency. Simultaneously, 10 other wholesalers -- Showa Shell Sekiyu K.K., Japan Energy Corp., Cosmo Oil Co., Idemitsu Kosan Co., General Sekiyu K.K., Fuso Sekiyu K.K., Kyushu Oil Co., Kygnus Sekiyu K.K., Taiyo Oil Co. and Taiho Industries Co.-- were raided on the same suspicion.

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Kyodo / Kyodo News Images

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Prosecutors raid 11 oil firms over bid rigging

TOKYO, Japan - Prosecutors head for the main office of Nippon Mitsubishi Oil Corp. in Tokyo on Oct. 14 to raid the company on suspicion of rigging bids on fuel sold to the Defense Agency. Simultaneously, 10 other wholesalers -- Showa Shell Sekiyu K.K., Japan Energy Corp., Cosmo Oil Co., Idemitsu Kosan Co., General Sekiyu K.K., Fuso Sekiyu K.K., Kyushu Oil Co., Kygnus Sekiyu K.K., Taiyo Oil Co. and Taiho Industries Co.-- were raided on the same suspicion.