Toshiba puts privat org to check for financial issues

Toshiba Corp announced today that it appointed an independent commission to investigate the accounting irregularities that led to the reporting of operating profit, higher than the real by about 420 million. Dollars in recent years. The industrial conglomerate surprised investors last week, said the investigation continues concerning incorrectly recorded costs of infrastructure projects, which will reduce profit by about 7%. Toshiba appoint a committee of independent persons, headed by Kuochi Ueda, a lawyer and former Prosecutor of Tokyo.