Northeastern Japan Lender Told to Improve Biz for Cover&Up
Northeastern Japan Lender Told to Improve Biz for Cover&Up
Tokyo, May 29 (Jiji Press)--The government's Tohoku Local Finance Bureau on Thursday issued a business improvement order to regional credit cooperative Iwaki Shinkumi Bank in northeastern Japan, partly for covering up fraudulent loans for many years. According to the bureau, former executives of the cooperative, including a former chairman, concealed for a long time fraudulent corporate loa...
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