December 10, 2017 12:57 am JST

Ex-Toshiba president Nishida, named in damages suit, dies at 73

Atsutoshi Nishida, then-chairman of the board at Toshiba, speaks during a plenary session of the World Economic Forum on East Asia in Jakarta on June 12, 2011. © Reuters

TOKYO (Kyodo) -- Atsutoshi Nishida, one of the three former Toshiba presidents involved in a damages suit over a bookkeeping scandal, died of a heart attack Friday, the company said Saturday. He was 73.

Nishida took the helm at Toshiba in 2005 after overseeing the industrial group's personal computer unit. During his tenure as president, Toshiba decided to buy U.S. nuclear power company Westinghouse Electric which filed for Chapter 11 bankruptcy protection in March.

Nishida was one of five former executives against whom the company filed the suit seeking up to 3.2 billion yen ($28.2 million) in damages amid allegations that they were involved in falsifying financial reports.

Toshiba Corp.

Japan

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