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LTCB president answers questions in lower house

LTCB president answers questions in lower house

Katsunobu Ohnogi (L), president of troubled Long-Term Credit Bank of Japan (LTCB), gives unsworn testimony at a committee meeting on financial stabilization in the House of Representatives on Aug. 31. The panel discussed a government plan to inject public funds into LTCB to strengthen its capital base and facilitate its merger talks with Sumitomo Trust and Banking Co. Three other unsworn witnesses from other companies at the back of Ohnogi were also questioned.

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LTCB president answers questions in lower house

LTCB president answers questions in lower house

Katsunobu Ohnogi (L), president of troubled Long-Term Credit Bank of Japan (LTCB), gives unsworn testimony at a committee meeting on financial stabilization in the House of Representatives on Aug. 31. The panel discussed a government plan to inject public funds into LTCB to strengthen its capital base and facilitate its merger talks with Sumitomo Trust and Banking Co. Three other unsworn witnesses from other companies at the back of Ohnogi were also questioned.

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