• Kyodo

  • SHARE

Public prosecutors appealed on Thursday the acquittal of two former presidents of the failed Hokkaido Takushoku Bank in a case involving 8.57 billion yen in allegedly dubious loans that the major bank lent to a local business group.

The Feb. 27 ruling by the Sapporo District Court also acquitted a former president of the Hokkaido-based Therme group, who had been accused of 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.

SUBSCRIBE NOW