• Kyodo

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The current and former chairmen of a pro-Pyongyang credit union association in Japan were arrested Wednesday on suspicion of causing financial damage to a credit union serving Korean residents.

Li Jong Ho, 60, chairman of the Korean Credit Unions’ Association in Japan, and his predecessor, Li Bom Rak, 67, are suspected of a breach of trust over damages inflicted on Chogin Kinki Credit Cooperative, which collapsed in December 2000.

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