• Kyodo

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Daio Paper Corp. filed a criminal complaint Monday against former Chairman Mototaka Ikawa on suspicion of an aggravated breach of trust, while prosecutors will probe his massive borrowings from group firms within a couple of days, investigative and other sources said.

The special investigative squad of the Tokyo District Public Prosecutor’s Office has already questioned the 47-year-old grandson of the papermaker’s founder, Isekichi Ikawa, on multiple occasions on a voluntary basis, the sources said.

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