• Kyodo

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Hyogo Prefectural Police and the Kobe District Public Prosecutor’s Office searched a number of locations Wednesday related to the Chogin Kinki Credit Cooperative, a failed credit union based in Kobe, in connection with the company’s alleged evasion of a financial authority’s inspection last year.

Police and prosecutors searched the main branch in Nagata Ward, Kobe, and other sites of Chogin Kinki, the largest pro-Pyongyang credit union in Japan, on suspicion of evading an inspection by the Kinki Finance Bureau in May 2000 by failing to submit requested documents on some 30 loans to individuals.

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