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(2)Ex-Takugin presidents acquitted over shady loans

SAPPORO, Japan - Sadamasa Kawatani, former president of failed Hokkaido Takushoku Bank, is surrounded by reporters after the Sapporo District Court on Feb. 27 acquitted him in a case involving the bank's shady loans to a local business group.

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Ex-bankers sentenced to prison terms over bad loans

SAPPORO, Japan - The Sapporo High Court sentenced Hiroshi Yamauchi (L in file photo) and Sadamasa Kawatani (C), two former Hokkaido Takushoku Bank presidents, to two-and-a-half years in prison each on Aug. 31 for irresponsibly extending loans that led to the Sapporo-based bank's collapse in 1997. Yoichi Nakamura (R), the former head of a Sapporo-based resort hotel developer, received 18 months in prison. (Kyodo)

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(2)Ex-Takugin presidents acquitted over shady loans

SAPPORO, Japan - Sadamasa Kawatani, former president of failed Hokkaido Takushoku Bank, is surrounded by reporters after the Sapporo District Court on Feb. 27 acquitted him in a case involving the bank's shady loans to a local business group. (Kyodo)