Guilty verdict scrapped, 3 ex-bankers found not guilty

TOKYO, Japan - Katsunobu Onogi, 72, a former president of the failed Long-Term Credit Bank of Japan, now Shinsei Bank, is surrounded by reporters outside the Supreme Court in Tokyo on July 18 after the top court overturned a lower court ruling and acquitted him and two former LTCB vice presidents indicted for window-dressing the bank's financial statements to conceal massive bad loans and authorizing illegal dividend payments.

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ILEA001128765

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2008/7/18 00:00:00

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Kyodo / Kyodo News Images

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2008 Kyodo News

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