Police have questioned two senior officials of the General Association of Korean Residents in Japan (Chongryun) in connection with a suspected embezzlement case involving the failed Chogin Tokyo credit union, according to sources close to the case.

The former head of Chogin Tokyo, Chong Gyong Saeing, 64, and several others are suspected of embezzling about 1 billion yen from the credit union by fabricating loans.

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.