• Kyodo


A former senior executive of a Japanese pension fund admitted Saturday to embezzlement in a scandal in which billions of yen in company pension money was lost.

Yoshinobu Sakamoto, 55, the former general manager of the Nagano Prefecture construction employees’ pension fund, was arrested in Bangkok on Friday for being in the country illegally.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

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.