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Japan's Takigami Steel says three employees arrested for bribery, other offenses

( October 26, 2016, 07:09 GMT | Official Statement) -- MLex Summary: Takigami Steel Construction said that three of its employees were indicted by prosecutors on suspicion that they tried to block a competitive bidding process for a public works project and paid bribes. The company, based in central Japan, said today that its chairman will take a 20-percent pay cut and the president a 30-percent pay cut for six months. The three employees were arrested by police on Sept. 30 and indicted by prosecutors on Oct. 21. The statement, in Japanese, is attached. ...

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