Ex-Yakult exec. pleads guilty to tax evasion in bond scandal

TOKYO, Japan - Naoki Kumagai, a former vice president of Yakult Honsha Co. who pleaded guilty at the Tokyo District Court on May 18 to tax evasion charges in connection with illicit transactions of so-called ''Princeton bonds,'' is shown in a file photo. He entered not-guilty pleas on other charges, such as aggravated breach of trust and fraud, concerning the bond transactions which involved the Japanese lactic drink maker and the Tokyo branch of U.S.-based securities firm Cresvale International Ltd.

• Product Code
• ILEA000004807

• Registered date
• 2000/5/18 00:00:00

• Credit
• Kyodo / Kyodo News Images

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• 442 × 602 pixel

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• 72 dpi

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• 25.60(KB)*

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