Bad loan-laden NCB asked to apply for state control

Bad loan-laden NCB asked to apply for state control

Shigeoki Togo, president of Nippon Credit Bank enters Prime Minister's Office on Dec. 12 to receive a notice urging the long-term credit bank to request for temporary nationalization, as the gov't has concluded the bank, laden with huge bad loans, is effectively in a state of collapse.

Top court orders retrial of bank's window-dressing case

Top court orders retrial of bank's window-dressing case

TOKYO, Japan - Shigeoki Togo, former president of the defunct Nippon Credit Bank, speaks to reporters in front of the Supreme Court in Tokyo on Dec. 7, 2009, after the top court scrapped the ruling by the Tokyo High Court that found Togo and two other former NCB executives guilty over alleged window dressing and sent the case back to the lower court for retrial. (Kyodo)

Top court orders retrial of bank's window-dressing case

Top court orders retrial of bank's window-dressing case

TOKYO, Japan - Shigeoki Togo, former president of the defunct Nippon Credit Bank, speaks to reporters in front of the Supreme Court in Tokyo on Dec. 7, 2009, after the top court scrapped the ruling by the Tokyo High Court that found Togo and two other former NCB executives guilty over alleged window dressing and sent the case back to the lower court for retrial. (Kyodo)

Former NCB executives plead not guilty

Former NCB executives plead not guilty

TOKYO, Japan - Accompanied by their lawyers, three former executives of the failed Nippon Credit Bank walk into the Tokyo District Court on Jan. 21 to appear in the first hearing of their trial. Former Vice President Tadao Iwaki, 62, former Chairman Hiroshi Kubota, 68, and former President Shigeoki Togo, 56, (drom L to R) pleaded not guilty to charges of falsifying the bank's fiscal 1997 earnings report to conceal bad loans.

Bad loan-laden NCB asked to apply for state control

Bad loan-laden NCB asked to apply for state control

Shigeoki Togo, president of Nippon Credit Bank enters Prime Minister's Office Dec. 12 to receive a notice urging the long-term credit bank to request for temporary nationalization, as the gov't has concluded the bank, laden with huge bad loans, is effectively in a state of collapse. ==Kyodo