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Short Take: Japan prosecutors raid NEC headquarters

Japanese prosecutors raided the headquarters of electronics giant NEC today--Friday--Reuters reported. The search follows yesterday's visit to the Japanese Defense Agency, which led to the arrest of the deputy head of the military's procurement office. Government investigators are looking reports of kickbacks accepted by the defense ministry.

Japanese prosecutors raided the headquarters of electronics giant NEC today--Friday--Reuters reported. The search follows yesterday's visit to the Japanese Defense Agency, which led to the arrest of the deputy head of the military's procurement office. Government investigators are looking reports of kickbacks accepted by the defense ministry.