Ex-Yakult exec given prison term over dubious bond deal

Ex-Yakult exec given prison term over dubious bond deal

TOKYO, Japan - Naoki Kumagai, a former vice president of Yakult Honsha Co., was sentenced to seven years in prison and fined 60 million yen by the Tokyo District Court on Sept. 12 on five charges related to illicit transactions of so-called ''Princeton bonds'' over the past decade. (Kyodo)

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