The Public Prosecutor’s Office continues to sniff around… June 22, 2006Posted by fukumimi in IT, Japan, law.
Gee, it seems the prosecutor seems to be on a mission.
My well connected source (who predicted back in December that the prosecutors were sniffing around Livedoor and Murakami, and were trying to decide which one to bust first) informs me that the CEO of another leading internet company was voluntarily interviewed by the prosecutor's office recently.
Officials shouldn't be short of targets, many of the younger internet companies who have floated in the last few years are the target of plenty of gossip and rumour, and looking at the press releases, financial statements and other documents relating to various transactions in which these companies have been involved, some things seem contrived and artificial. If you looked back at the attendance list of the extravagant parties that were part of the Bit Valley phenomenon, or even just looked at the younger companies inhabiting Roppongi Hills, you would get a good list of potential suspects.