Nonbank moneylender bosses testify in Diet

Nonbank moneylender bosses testify in Diet

TOKYO, Japan - Kenshin Oshima (L), president of Shohkoh Fund and Co., and Kazuo Matsuda (R), president of Nichiei Co., wait in a Diet room Nov. 11. They have been called to testify before the House of Councillors committee on fiscal and financial system affairs. Both finance companies that specializes in loans to small companies at high interest rates are at the center of a scandal over its loan collection methods.

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