Court rejects appeal by former head of Hokkoku Bank

NAGOYA, Japan - Yasumori Honjin, a former president of Hokkoku Bank, a regional bank based in Kanazawa, Ishikawa Prefecture, enters the Nagoya High Court on Jan. 24. The court upheld a ruling sentencing him to a suspended jail term for breach of trust. Honjin was convicted for causing a prefectural credit insurance association to suffer 80 million yen in losses by covering bad loans made by the bank.