Former ADK president to admit to bribery in connection with Tokyo 2020 Games

The former head of major Japanese advertising agency ADK Holdings has reportedly decided to admit that he bribed a former executive of the Tokyo Olympics and Paralympics organizing committee.

ADK's former president Ueno Shinichi was indicted in November on charges that he gave about 14 million yen, or more than 100,000 dollars at current rates, to Takahashi Haruyuki in exchange for a Games sponsorship deal.

Sources close to the investigation say Ueno had consistently denied wrongdoing, saying the money was paid as a consulting fee for a sports business.

However, he is reportedly set to admit in his upcoming trial that the money was partly meant as remuneration for Takahashi.

This appears to be due to the denial this month of his second bail request. Ueno has been detained for nearly three months since his arrest in October.

Sources say Ueno's first court hearing is scheduled for mid-February.