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Toshiba CEO seen stepping down

Accounting scandal will also lead to 300-400b yen in charges, say sources

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Toshiba Corp expects 300-400 billion yen (S$3.3-4.4 billion) in charges related to improper accounting in an expanding probe that is set to force chief executive Hisao Tanaka to step down, sources familiar with the matter said on Wednesday.

Tokyo

TOSHIBA Corp expects 300-400 billion yen (S$3.3-4.4 billion) in charges related to improper accounting in an expanding probe that is set to force chief executive Hisao Tanaka to step down, sources familiar with the matter said on Wednesday.

The Japanese conglomerate has hired

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