Monday, January 30, 2012

Mitsubishi Electric hit with suspension for bill padding

The Defense Ministry and two other government entities have suspended Mitsubishi Electric Corp. as a designated contractor because the company has been found to have inflated invoices, the ministry has announced. The ministry, the Japan Aerospace Exploration Agency (JAXA) and the Cabinet Satellite Intelligence Center made the announcements and suspended the company Friday for unspecified periods. The ministry added that Mitsubishi contacted it to admit the allegations the same day.

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