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Comment: Kobe Steel in uncharted legal territory as quality fraud scandal grows

By Toko Sekiguchi ( November 2, 2017, 08:01 GMT | Comment) -- The scandal of Kobe Steel doctoring its quality-control certifications may expose Japan’s third-largest steelmaker to myriad legal risks, including criminal prosecution by the US Department of Justice. Legal experts say that although it’s too soon to speculate on the legal and financial toll that the scandal may ultimately take on Kobe Steel, the company’s falsification of data could be a huge blow to Japan’s manufacturing sector overall as end-products that incorporate Kobe materials range from jet airplanes to nuclear power plants.The scandal of Kobe Steel doctoring its quality-control certifications may expose Japan’s third-largest steelmaker to myriad legal risks, including criminal prosecution by the US Department of Justice....

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