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Shimizu poised to admit bid rigging on Japanese maglev project

( January 18, 2018, 02:10 GMT | Insight) -- Shimizu Corp, one of four contractors being investigated for suspected bid rigging on orders related to a Japanese maglev project, has decided to acknowledge that it coordinated bids with the three others, the Asahi newspaper reports, citing an unnamed person familiar with the situation.Shimizu Corp, one of four contractors being investigated for suspected bid rigging on orders related to a Japanese maglev project, has decided to acknowledge that it coordinated bids with the three others, the Asahi newspaper reports, citing an unnamed person familiar with the situation. A former senior executive at Shimizu last December acknowledged his involvement in bid rigging during questioning by investigators. Shimizu will probably admit, as a company, that it did engage in such a practice. Obayashi Corp has already acknowledged its involvement in the affair, according to the report....

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