• Kyodo


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.

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