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US govt calls for Kobe Steel documents on false data

Data tampering went on for more than a decade, longer than the company initially acknowledged: source

Wed, Oct 18, 2017 - 5:50 AM

The latest news comes as the company's market value plunged US$1.6 billion in just over a week. And that could be just the tip of the iceberg, legal experts say.

PHOTO: BLOOMBERG

Tokyo

WHEN cheating becomes habitual, the consequences could be costly. Embattled Kobe Steel Ltd said on Tuesday that the US Justice Department is asking the steelmaker to provide documents related to its data falsification scandal.

That came after a source with knowledge of the...

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