“Former Takata Executives Indicted for Fraud and Conspiracy,” CBS Evening News
January 13, 2017
A federal grand jury in Detroit has indicted three former employees of Takata, charging them with concealing deadly defects in the Japanese company’s automotive air bag inflators.
The indictments on six counts of conspiracy and wire fraud were returned Dec. 7 and unsealed Friday, January 13 just hours ahead of a Justice Department news conference to announce a corporate penalty against the Japanese company.
The charges were filed against Shinichi Tanaka, Hideo Nakajima and Tsuneo Chikaraishi. All three were long-time executives at Takata until 2015, and all three worked both in Japan and the U.S. Takata’s U.S. operations are headquartered in the Detroit suburb of Auburn Hills, Michigan.