500.com bribery scandal handed suspended jail terms

The two behind 500.com were accused of offering US$72,000 in bribes to House of Representatives member Tuskasa Akimoto who was deputy minister for IRs at the time

According to Monday’s ruling reported by Japanese media, two Japanese men, behind 500.com, have each been given prison sentences after being found guilty of bribing Japanese lawmaker Tsukasa Akimoto more than 72,000 dollars in 2017?over a previously-proposed casino scheme in Hokkaido prefecture in the north of the country.??

On?Monday, The Tokyo District Court?sentenced? to two years’ imprisonment, suspended for three years, and?Nakazato?Katsunori?to 22 months’ imprisonment, suspended for three years; Both were advisers to?a Chinese firm called 500.com?Ltd, which was?one of?the bidding?companies?for a?Hokkaido?integrated resort?licence. ?

In?charge of integrated resorts at the time?was?Akimoto?the Cabinet Office state minister, who said that the Chinese company was seeking to get into the resort business.?

Presiding Judge?Niwa?Toshihiko said?“the two defendants gave large sums of bribe money to the lawmaker and extravagantly wined and dined?him in exchange for information”.?

“The two defendants severely undermined public trust in a government-promoted project of building integrated resorts, including casinos.”?Niwa?stated.?

Moreover,?Niwa?cited that?“the two turned down bribes from the lawmaker and his supporters in exchange for false court testimony, and that they are repentant.”?

Prior to the news –?The governor of Japan’s Hokkaido prefecture?decided on November 2019 not to?pursue the opportunity of a casino resort in the first round of market?liberalisation?in that country.?

A total of three?integrated casino resorts?are to be permitted across the nation?in a first phase of?liberalisation.?

In December 2019, Tsukasa Akimoto –?a lawmaker from Japan’s ruling?Liberal Democratic Party (LDP) –?was arrested on suspicion of receiving pay-offs of about?JPY3.7 million yen (US$33,787)?from a Chinese company seeking to invest in that country’s nascent casino industry, reported several local media outlets.??

In September,?Mr?Akimoto, who was?released from custody?in February, ?was indicted?on a charge of allegedly offering money to?Mr.Konno and?M.?Nakazato?in exchange for false court testimony?favorable?towards him.?

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