• SHARE

The Financial Reconstruction Commission is considering sending administrators to 13 failed Chogin credit unions affiliated with the pro-Pyongyang General Association of Korean Residents in Japan (Chongryun), FRC chief Hideyuki Aizawa said Friday.

The 13 failed Chogin credit unions are due to be taken over by five Chogin credit unions created through amalgamations of Chogin unions with sound management.

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.

SUBSCRIBE NOW