The Tokyo District Court on Friday handed down a suspended 18-month prison sentence and an ¥11 million fine to a former veteran trade ministry official for insider trading in the 2009 state-led bailout of Elpida Memory Inc.
The court fined Masaaki Kimura, who served as deputy director general of the ministry's Commerce And Information Policy Bureau, ¥1 million and levied an additional penalty of around ¥10 million.
His sentence was suspended for three years.