KOBE – Four former executives of a credit union for Korean residents were arrested Monday on suspicion of illegally lending more than 300 million yen to another pro-Pyongyang credit union despite knowing the loans would go sour.
Kim Yong Ho, 61, former president of Chogin Aichi credit union, and three former deputy presidents, Kim Hwang, 60, Yuk Cho Nam, 60, and Im Sam Cho, 58, were arrested on suspicion of breach of trust, police said.
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