HOKKAIDO –
The Hokkaido Community Chest, which operates Japan’s annual Red Feather Community Chest fundraising marketing campaign, has revealed that roughly 180 million yen in donated funds are unaccounted for, with a senior official suspected of misappropriating the cash over a number of years.
“We sincerely apologize for the tremendous inconvenience and concern this has caused,” Hokkaido Community Chest Chairman Hideo Seo stated.
The group stated it believes its govt director, a person in his 50s who was answerable for accounting operations, possible embezzled donations collected by means of the Red Feather fundraising marketing campaign over a interval spanning a number of years starting round 2020. The quantity concerned is estimated to whole about 180 million yen.
The lacking funds got here to mild after the Sapporo Regional Taxation Bureau carried out an inspection of the group in February as a part of an investigation into suspected violations of the Income Tax Act involving the chief director.
According to the group, the chief director has informed employees members, “I did something I should not have done. I would like to apologize at some point.”
The Hokkaido Community Chest plans to dismiss the chief director on disciplinary grounds and can also be contemplating submitting a legal grievance.
Source: HTB Hokkaido News