51. Three former executives have been arrested on charges of hiding the losses. 52. Toshiba and Mitsubishi Electric issues faced sell orders following reports that their top executives were arrested overnight in a widening payoff scandal. 53. Top Kajima executives were arrested last year on charges of giving bribes to local governors. 54. Four Balsam executives have been arrested for having allegedly obtained large loans by using faked contracts asnd other documents. 55. In all, five former Bapindo executives have been arrested for alleged involvement in the scam. 56. The other concerns alleged over-billing and illicit arrangements for the placing of contracts for which two other senior executives were arrested two months ago. 57. Senior UTI executives have been arrested on suspicion of corruption and fraudulent investment. |