Livedoor chief denies wrongdoing
Date: January 23, 2006Source: businessweek.com
Prosecutors raided the Tokyo offices of Livedoor Co. last Monday on suspicion that the company gave false information to inflate its share price. The investigation into the security laws violations triggered a plunge in share prices on Tokyo's stock market.
"I'm innocent of the allegations" in a warrant he received from prosecutors last week, Livedoor CEO Takafumi Horie wrote in an Internet blog posted Sunday. But the popular 33-year-old entrepreneur said he "did not remember 100 percent" exactly what the warrant said.
Original article
Add comment Email to a Friend