Kanebo sets up panel to probe into past accounting practices

TOKYO, Japan - Kanebo Ltd. President Akiyoshi Nakajima (L) tells reporters in Tokyo on April 19 that the troubled cosmetics and textile maker has launched an investigative panel, led by legal experts, to study whether there have been any illegalities in the company's accounting practices and business transactions. The panel is headed by lawyer Yuichi Suzuki (R). (Kyodo)

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