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Attention shifts to current president's responsibility

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Toshiba President and CEO Masashi Muromachi, center, is surrounded by reporters as he leaves a news conference at the company headquarters in Tokyo on Sept. 7.   © Reuters

TOKYO -- In a highly unusual move for a Japanese company, scandal-hit Toshiba on Saturday filed a lawsuit with the Tokyo District Court, seeking a total of 300 million yen ($2.44 million) in damages from five former top executives.

     The suit accuses three former presidents and two former chief finance officers of being responsible for the Japanese industrial conglomerate's improper accounting practices.

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