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Sanwa Bank President Naotaka Saeki, who recently resigned as chairman of a banking industry federation, apologized Tuesday in the Diet over the scandal involving four major banks suspected of bribing Finance Ministry officials to obtain information about inspections.

But Saeki denied that his bank — one of the four involved — sought details about a possible merger partner. Saeki resigned Monday as chairman of the Federation of Bankers Associations of Japan to take responsibility for the scandal.

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