High court upholds guilty verdict on ex-bankers over bad loans

High court upholds guilty verdict on ex-bankers over bad loans

TOKYO, Japan - The Tokyo High Court upheld on June 21 a guilty verdict by a lower court on three former top executives of the failed Long-Term Credit Bank of Japan for falsifying financial statements to conceal massive bad loans and authorizing illegal dividend payments. Photo shows (from R to L) former LTCB President Katsunobu Onogi, former vice presidents Yoshiharu Suzuki and Masami Suda entering the court. (Kyodo)

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