The former chairman of Toshiba Corp’s audit committee plans to step down from his role on a government accounting panel, a source familiar with the matter said on Thursday, in the latest fallout from the book-keeping scandal at the Japanese industrial conglomerate.
Makoto Kubo resigned this week from his job as a director and chairman of the audit committee at Toshiba after investigators concluded the committee failed to function, contributing to “institutionalised” accounting irregularities. The company’s chief executive and a string of other senior officials also resigned.
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