Japan minister denies officials asked adviser to contact Toshiba shareholders

Published by
Reuters

By Makiko Yamazaki TOKYO (Reuters) -Japan’s trade ministry on Friday denied its officials directed an adviser to contact Toshiba Corp shareholders as part of a plan to pressure them to support management in a key vote on board membership. An explosive shareholder-commissioned investigation released on Thursday found Toshiba management and the government colluded to lean on foreign investors to fall in line with management’s wishes. Among its findings, the investigators’ report said the trade ministry “effectively asked” a government adviser, described as “Mr. M”, to negotiate with Harvard Univ…

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