Diet testimony given March 18 by Nobuhiko Matsuno, former chief of the Finance Ministry’s Securities Bureau, indicates that he may have advised a top executive of Yamaichi Securities Co. to continue dubious practices involving a “tobashi” trading-related problem with one of its client firms.

In sworn testimony before the Lower House Budget Committee, Matsuno said he told Atsuo Miki, then Yamaichi’s vice president, that there were two ways to solve the problem with the client — continue tobashi trading or deal with it in court after publicly disclosing the relevant information.

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