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As allegations swirl around SoftBank, it calls them 'sabotage'

Accusations include kickbacks to executives as part of start-up investments in India

Bradley Hope Newley Purnell & Alex Frangos / WSJ 

A contentious back-and-forth between SoftBank Group Corp. and attorneys who say they represent anonymous, disgruntled shareholders is riling the Japanese telecommunications titan.   The difficulties for SoftBank come as it is poised to begin investing $100 billion in technology startups around the world, and they have drawn concern from a Saudi Arabian investment vehicle that is set to commit $45 billion to the SoftBank technology fund.   The allegations from the attorneys have lingered over the past year about the conduct of top SoftBank executives, especially in India. The ...

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First Published: Sat, May 20 2017. 03:31 IST
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