OSAKA — Business began Monday at three credit unions created to take over the banking operations of the failed Chogin Kinki Credit Union, which mainly served pro-Pyongyang Koreans in Japan, after officials at the lender were arrested for allegedly sending public money it received to North Korea.

The three, which agreed to requests by the government to have no ties with the General Association of Korean Residents in Japan (Chongryun), a pro-Pyongyang body, and to install Japanese as their presidents, are Mire Credit Union based in Osaka, Keiji Credit Union in Kyoto and Hyogo Himawari Credit Union in Kobe.

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.