Japan’s Dentsu gets US$700m windfall from gov’t SME aid scheme amid opposition criticism | Malay Mail

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TOKYO, June 4 — Japanese advertising giant Dentsu Group Inc has received almost US$700 million (RM2.98 billion) via a government contract to provide back-office services for a scheme to help virus-hit firms, under a framework opposition lawmakers called “opaque”. Dentsu received 97 per cent...

Thursday, 04 Jun 2020 08:50 AM MYT

Dentsu received 97 per cent of the ¥76.9 billion awarded via a tender to a company it co-founded to support the Ministry of Economy, Trade and Industry’s relief fund for small and mid-sized enterprises , showed a government document seen by Reuters. Scrutiny of the use of private companies to run the relief scheme comes as Prime Minister Shinzo Abe’s support rate has slid, partly due to his handling of the pandemic which critics have called clumsy.

 

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