Prosecutors demanded a three-year prison term and 3.38 million yen fine Tuesday for a former Finance Ministry official accused of receiving bribes from brokerages and a major bank.
Takashi Sakakibara, 38, former deputy director of the Securities Bureau's general affairs section, is suspected of being treated to the tune of 3.45 million yen in the form of wining and dining by Nomura Securities Co., Daiwa Securities Co., Nikko Securities Co., the now defunct Yamaichi Securities Co., and Sumitomo Bank.
Demanding the prison term, prosecutors termed the defendant's crime malicious and a serious case of bribery involving a great amount of money that caused significant damage to the public's trust of the state's financial administration and the role of public officials.