Ex-Nova boss Sahashi arrested for alleged embezzlement

Ex-Nova boss Sahashi arrested for alleged embezzlement

OSAKA, Japan - Osaka prefectural police search the headquarters of bankrupt Nova Corp. in Chuo Ward in Osaka on June 24 in connection with the arrest the same day of Nozomu Sahashi, former Nova president, on suspicion of diverting around 320 million yen in July from an employee benefit fund to reimburse tuition fees to people who canceled contracts for language courses. Nova was once the nation's largest chain of English conversation schools. (Kyodo)

  • Product Code
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  • 2008/6/24 00:00:00
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