LAWSON GROUP STRENGTHENS RISK MANAGEMENT PROCEDURES
April 1st, 2010
BY ALYSHAH HASHAM
LAWSON - the major Japan convenience store chain - has announced changes to its business practices, after an admitted "misappropriation" of Yen JPY 14.4 billion ($ USD 4.7 million) by two company directors in its Lawson Entermedia unit
This follows recommendations made in a final report of an external investigative committee probing the scandal.
The Japanese retailer will strengthen its payment system monitoring and has established committees in all Lawson companies to oversee internal controls.
"We offer our sincerest ...
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