Parties involved in AIJ scandal

Parties involved in AIJ scandal

TOKYO, Japan - In Tokyo on March 27, 2012, (from L to R) Kazuhiko Asakawa, president of AIJ Investment Advisors Co., Hideaki Nishimura, president of ITM Securities Co. which is effectively under AIJ's control, and Isao Ishiyama, a retiree of the now-defunct Social Insurance Agency who currently operates a pension fund consultancy, sit at a session of the House of Representatives' Committee on Financial Affairs which addressed AIJ's loss of assets it had been managing on behalf of pension funds. They were three of the five witnesses to testify at the lower house's committee. (Kyodo)

  • Product Code
  • ILEA000344379
  • Registered date
  • 2012/3/27 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • Media size
  • 2114 × 1202 pixel
  • Resolution
  • 240 dpi
  • Deployment size
  • 418.96(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos
    JDI President Kikuoka at a press conference

    JDI President Kikuoka at a press conference

    Japan Display Inc. (JDI) has finalized a new fundraising framework totaling over 100 billion yen. In addition to raising 80-90 billion yen from Ichigo Asset Group, an independent investment fund, JDI will also sell some of its facilities at its Hakusan plant (Hakusan, Ishikawa Prefecture) to Apple Inc. On April 12, JDI announced that it had reached a basic agreement with Ichigo Trust to raise up to 90 billion yen from Ichigo. Minoru Kikuoka, president of JDI, explained the purpose of the framework at a press conference on January 12, saying, "We will sell assets in order to enhance our capital and at the same time minimize the impact on existing shareholders through dilution. He explained the purpose of the framework. Wistron, a major Taiwanese electronics manufacturing service (EMS) company, also intends to invest 50 million dollars (about 5.4 billion yen) in JDI. December 12, 2019, Tokyo, Japan; Credit: Nikkan Kogyo Shimbun / Kyodo News Images
      AIJ chief testifies

      AIJ chief testifies

      TOKYO, Japan - AIJ Investment Advisors Co. President Kazuhiko Asakawa testifies as a sworn witness over the asset management firm's pension asset loss scandal at the House of Representatives financial affairs committee on April 13, 2012. (Kyodo)
        AIJ head at lower house committee

        AIJ head at lower house committee

        TOKYO, Japan - Kazuhiko Asakawa, president of AIJ Investment Advisors Co., speaks in Tokyo on March 27, 2012, at a session of the House of Representatives' Committee on Financial Affairs. The session addressed the asset management firm's loss of pension funds it was entrusted to manage. Only 8.1 bil. yen remains of the 145.8 bil. yen entrusted to AIJ. (Kyodo)
          BOJ's Fukui reaped big gains from investing in Murakami Fund

          BOJ's Fukui reaped big gains from investing in Murakami Fund

          TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui speaks in reply to questions at a House of Representatives Financial Affairs Committee session on June 16. He said that unrealized gains he made by putting 10 million yen in an investment fund set up by arrested financier Yoshiaki Murakami climbed to several millions of yen a year at one time. (Kyodo)
            BOJ's Fukui reaped big gains from investing in Murakami Fund

            BOJ's Fukui reaped big gains from investing in Murakami Fund

            TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui speaks in reply to questions at a House of Representatives Financial Affairs Committee session on June 16. He said that unrealized gains he made by putting 10 million yen in an investment fund set up by arrested financier Yoshiaki Murakami climbed to several millions of yen a year at one time.
              Fukui put 10 mil. yen in Murakami Fund before becoming BOJ chief

              Fukui put 10 mil. yen in Murakami Fund before becoming BOJ chief

              TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui speaks at a session of the House of Councillors Financial Affairs Committee in Tokyo on June 13. Fukui said he invested 10 million yen in 1999 in the investment fund led by Yoshiaki Murakami, who was arrested June 5 on suspicion of insider trading.
                (2)Court releases 2 defendants over political donation scandal

                (2)Court releases 2 defendants over political donation scandal

                TOKYO, Japan - Sadao Usuda, who formerly headed the Japan Dental Association, leaves the Tokyo Detention House in Tokyo's Katsushika Ward on Sept. 27 after being released on bail of 20 million yen. Usuda was indicted on charges of violating the Political Funds Control Law in connection with donations to a Liberal Democratic Party faction, formerly led by former Prime Minister Ryutaro Hashimoto. (Kyodo)
                  UNESCO panel demands new committee to restore Iraqi assets

                  UNESCO panel demands new committee to restore Iraqi assets

                  TOKYO, Japan - Ikuo Hirayama, president of Tokyo National University of Fine Arts and Music, addresses the opening session of the Third UNESCO Experts' Meeting on the Safeguarding of the Iraqi Cultural Heritage in Tokyo on Aug. 1. A UNESCO panel of experts recommended the establishment of an international scientific committee to arrange aid from donor nations to restore and preserve Iraq's cultural heritage damaged by war and subsequent looting. (Kyodo)