Illegal regulations for 27 years?IntersectionAnother Japanese petroleum giant, an exposure of quality inspection scandal

In Japan's third largest oil company, Cosmo Energy Company issued a statement on Wednesday that many factories have the problem of quality inspection of product quality inspection, which is 27 years long, involving a variety of products including ordinary gasoline.

Li Qianwen, a special reporter of the Finance Channel: The city of the city in central Chiba Prefecture, Japan, about an hour's drive from the city of Tokyo. This is one of the industrial areas around Tokyo Bay, and many factories have gathered. Behind me is the third largest oil company in Japan. Cosmo Energy Corporation involves quality inspection violations. It can be seen that the factory is still being produced.

Including this factory, there are 5 factories that have found out the problem of quality inspection, and the total output accounts for nearly 10 % of the company's overall. The survey showed that the quality inspection was continued from 1995 to last month, with a time span of 27 years.

Products involved in illegal acts include: 18 products such as ordinary gasoline and diesel. Some violate the laws of law or Japanese industry standards, and the items that need to be tested only are detected once, and some projects have not even tested at all. After the incident was exposed, the company issued an apology statement saying that such incidents would occur again in the future. But at the same time, there are no quality problems involved.

In fact, this is the second oil company that has recently exposed the issue of quality inspections. Just two months ago, the second largest oil company in Japan, similar scandals have just occurred. The Japanese oil giant exposed the quality inspection scandal, which caused strong dissatisfaction in Japanese society and caused consumers' trust in Japanese oil quality to decline.

Source: CCTV Finance

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