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Toshiba in turmoil

Toshiba dumps 2 board members after report on shareholder pressure

Audit committee members failed to uncover collusion over July 2020 meeting

The industrial conglomerate has been in crisis mode since the shareholder-commissioned report published June 10.   © Reuters

TOKYO -- Toshiba has removed two current directors from its list of board candidates less than two weeks ahead of a shareholder vote, the Japanese industrial group said Sunday as it deals with the aftermath of a probe into alleged influencing of investors.

Junji Ota, Toshiba's audit committee chair, and Takashi Yamauchi, an audit committee member, will step down as of the June 25 annual general meeting.

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