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Scammed Japanese homebuilder insists it hid nothing

Expert says Sekisui House is not holding itself accountable for past mess

Sekisui House Chairman Toshinori Abe, right, speaks during a news conference in Tokyo on March 9. (Photo by Yoichi Iwata)

TOKYO -- Japanese homebuilder Sekisui House insists it has been honest about a number of embarrassing situations that have recently plagued the company.

But that claim is being questioned, even after the company went ahead with new governance reform aimed at avoiding further blunders, like the loss of $52 million to a swindler or its boardroom coup in January.

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