Along with Sega Sammy's financial figures came the news that a former employee of the company's SEGATOYS division had been committing fraud to the tune of £3 million.
Originally announced in mid-April and the 6th May, Sega Sammy took the opportunity to address a former employee's misconduct in its fiscal year report. The unnamed culprit was found "conducting inappropriate transactions with multiple business partners," using fictitious accounts in the SEGATOYS name. 420 million yen was found to be obtained in this manner.
"We deeply regret that such inappropriate transactions occurred within the Group," Sega Sammy said in the report. "We express our sincerest apologies to our shareholders, investors, business partners and other affiliated parties for the enormous inconvenience and concerns this incident may cause."
Investigations are ongoing.
Originally announced in mid-April and the 6th May, Sega Sammy took the opportunity to address a former employee's misconduct in its fiscal year report. The unnamed culprit was found "conducting inappropriate transactions with multiple business partners," using fictitious accounts in the SEGATOYS name. 420 million yen was found to be obtained in this manner.
"We deeply regret that such inappropriate transactions occurred within the Group," Sega Sammy said in the report. "We express our sincerest apologies to our shareholders, investors, business partners and other affiliated parties for the enormous inconvenience and concerns this incident may cause."
Investigations are ongoing.
Companies:
SEGA
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