A Tokyo court on Thursday fined major advertisement firm Hakuhodo Inc. 200 million yen ($1.2 million) for taking part in bid-rigging linked to the Tokyo Olympics and Paralympics, in the first ruling for one of the six companies indicted in the scandal.The Tokyo District Court also sentenced Kenichiro Yokomizo, 57, former president of Hakuhodo DY Sports Marketing Inc., to one year and six months in prison, suspended for three years, for rigging bids for contracts to plan the test events and operate the venues of the 2021 Summer Games tournament.Presiding Judge Kenji Yasunaga said Hakuhodo at…READ FULL ARTICLE
