18-11-2015 01:08 via uk.news.yahoo.com

Japan regulators mulling $60 million fine for Toshiba: Nikkei

Japan's securities watchdog is likely to recommend a fine of about 7.5 billion yen ($60 million) for scandal-hit Toshiba Corp for cooking its books over the past seven years, the Nikkei business daily reported on Wednesday. The Securities and Exchange Surveillance Commission will make the recommendation to the Financial Services Agency as early as this month, the paper said. Toshiba has set aside 8.4 billion yen for administrative penalties, meaning the impact on its earnings would be minimal, t
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