
Business / Corporate Oct 25, 2017
State-backed lender Shoko Chukin handed out ¥265 billion in shady loans, internal probe finds
An internal probe at Shoko Chukin Bank, the government-backed lender for small and midsize companies that is mired in a scandal over improper financing, has found it handed out ¥265 billion ($2.3 billion) in shady loans, the bank said. Shoko Chukin President Kenyu Adachi said ...