The younger brother of Teikyo University President Shoichi Okinaga was fined 150 million yen by tax authorities for failing to declare 300 million yen in taxable income in 1995, sources said Wednesday.
Yoshikazu Okinaga, 58, former head of one of Teikyo University’s affiliates, is said to have concealed the money he obtained as “donations” from parents whose children had taken the university’s entrance exams and were awaiting the results.
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