Rate-rigging scandal also involves Japan: EUReported by France 24 on Friday, 13 July 2012 (on July 13, 2012)
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The EU investigation into a "shocking" interest-rate rigging scandal in the world's biggest money market in London also includes Japan, EU Competition Commissioner Joaquin Almunia said on Friday.
"The alleged rate-rigging is a major competition concern," Almunia told a conference on competition here .
"This is why we started investigating a number of banks last year for their possible concerted manipulation of (interest rate) benchmarks such as LIBOR, EURIBOR and TIBOR, the Tokyo rate, for several currencies," he said.
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