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Former head of Zeon's Vietnam subsidiary indicted over bribes to customs officials

Prosecutors say he paid about ¥1.1 million to have an additional tax bill reduced, in a case brought under the unfair competition law.

By Newsroom1 min read

The former head of a Vietnamese subsidiary of Zeon, a Tokyo chemical maker, has been summarily indicted on a charge of violating the Unfair Competition Prevention Act after paying bribes worth about ¥1.1 million to Vietnamese customs officials, NHK reported.

Prosecutors say he paid the money to have the additional tax he owed in Vietnam reduced. The summary indictment — a procedure that ends a case without a full trial — was reported on Wednesday.

The Unfair Competition Prevention Act covers bribery of foreign public officials, so the case turns on conduct by a Japanese company's overseas unit. The source gives no further detail on the amount of tax involved, when the payments were made, or how the former head responded to the charge.