Kobe Steel Ltd said on Tuesday its CEO will step down to take responsibility for a widespread data fraud scandal, although doubts remain over a corporate culture mired in malfeasance and the possibility of future fines

Kobe Steel CEO to quit over data fraud scandal

CEO, Hiroya Kawasaki, said after?bowing in?apology?at the news conference, said that the firm plans to compensate customers, but has not yet received any requests

Kobe Steel executives bow in apology as cheating scandal escalates

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Kobe Steel CEO to quit over data fraud scandal

Kobe Steel executives bow in apology as cheating scandal escalates