The Securities and Exchange Surveillance Commission lodged a criminal complaint with prosecutors March 9 against Nikko Securities Co. and two former executives for illegally offering profits to the late House of Representatives lawmaker Shokei Arai.

Sources close to the commission said the brokerage, former Vice President Yumio Hiraishi and former Managing Director Hiroyuki Hamahira stand accused of offering 29.16 million yen in additional profits to the lawmaker, who committed suicide before his impending arrest last month.

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