Nozomu Sahashi, ex-president of bankrupt Nova Corp., asked 24 former students of the language school to drop their demand for about ¥16 million in compensation for unpaid refunds as the lawsuit against his alleged embezzlement opened Thursday.
One of the former students, who did not receive a cancellation refund of about ¥300,000, said, “I hold a grudge against (Nova’s) management, which never explained how (Nova) went bankrupt and who would take responsibility.”
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