NYK Line says embezzlement case will have ‘minimal’ impact
Japanese containership owner wil not be revising its past financial results after it found that a group people in Shanghai-based subsidiary NYK Car Carrier paid out around $8.5m for unsigned or unjustified deals between 2013 and 2017
An investigative committee discovered $8.5m of unreasonable and illegal payments in one of NYK's Chinese subsidiaries over four years