TOKYO (Reuters) - Kobe Steel Ltd’s (5406.T) headquarters was raided on Tuesday by the Tokyo District Public Prosecutors Office and the Metropolitan Police Department in relation to its data tampering scandal, local media reported.
Kobe Steel admitted in March its data fraud has been going on nearly five decades and also revealed new cases of cheating. Its CEO will step down to take responsibility for the scandal that came to light last year.
A Kobe Steel spokesman said the company is looking into the matter.
Reporting by Sam Nussey; Editing by Edwina Gibbs