CNN: Eight board members, including vice chairman Norio Sasaki, have also resigned their posts as part of a major management reshuffle.
CNN: Eight board members, including vice chairman Norio Sasaki, have also resigned their posts as part of a major management reshuffle.
Japanese conglomerate Toshiba (TOSBF), which makes everything from consumer electronics to nuclear energy technology, has been under fire for months over accounting irregularities. The company overstated profits by 151.8 billion yen ($1.2 billion) over a seven year period, according to an independent committee.
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