Toshiba inflated profits by £780m with bosses' knowledge, investigation finds

Disclosure of Japan's biggest corporate scandal in years could lead to restatement of earnings at computers-to-nuclear firm, plus a board overhaul and big fines

Toshiba overstated its operating profit by 151.8 bn yen (780m) over several years in accounting irregularities involving top management of the Japanese technology company, independent investigators said.

The disclosure of the country's biggest corporate scandal in years could lead to the restatement of earnings plus a board overhaul and potentially hefty fines at the computers-to-nuclear conglomerate.