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- Mitsui & Co., Ltd.
Corporate Communications Division
It has previously been announced by Mitsui & Co., Ltd. ("Mitsui") on 21 October 2008 that the Attorney General's Chamber of Singapore (the prosecuting authority) commenced the prosecution of two employees of Mitsui who were employed by MOAS as of 2006 based on allegations of the Falsification of Accounts.
One of the two employees of Mitsui today held a public trial and was sentenced to 20 weeks in prison for the charge of abetment of falsification of accounts.
Mitsui has taken a strict action against the said employee who got the sentence, in accordance with Mitsui's internal corporate rules.
Furthermore, Mitsui takes the adjudication with the utmost graveness, and will continuously endeavor to enhance further the effectiveness of internal controls over its consolidated group as a whole.
This press release includes forward-looking statements about Mitsui. These forward-looking statements are based on the current assumptions and beliefs of Mitsui in light of the information currently available to it, and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements. The risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest annual report on Form 20-F, which has been filed with the U.S. Securities and Exchange Commission.
This press release is published in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.