• Kyodo


Two former presidents of the failed Hokkaido Takushoku Bank were acquitted Thursday in a breach of trust case involving 8.57 billion yen in allegedly shady loans that the bank lent to a local business group.

The Sapporo District Court also acquitted a former president of the Hokkaido-based Therme group, who had been charged with conspiring with the former presidents of the bank, popularly known as Takugin, for about 4.7 billion yen of the loans.

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.