• Kyodo


A former treasurer in the village of Tosayama, Kochi Prefecture, was sentenced to 12 years in prison Wednesday for bilking the municipality’s coffers out of 1.35 billion yen between April 1999 and last December.

The Kochi District Court ruled that Tadao Iwasaki, 75, used the mayor’s seal to falsify loan-request documents on the village’s behalf to four financial institutions, which remitted the funds on seven occasions to accounts linked to the village. Iwasaki then withdrew the money from those accounts and used it for his personal expenses, including gambling.

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.