The Finance Ministry filed a criminal complaint with prosecutors July 25 against Dai-Ichi Kangyo Bank for alleged violations of the Banking Law.

Sources close to the ministry said the bank and four of its former officials were named in the complaint, which accuses the bank of submitting false information to ministry inspectors regarding the bank’s loans to a “sokaiya” corporate extortionist.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.