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UPDATE: Saturday, June 12, 2010      The Japan Times Weekly    2005年4月30日号 （バックナンバー）
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Ex-UFJ execs in scandal avoid prison

Kazuyoshi Okazaki
Former UFJ Bank Vice President Kazuyoshi Okazaki, 57, was sentenced April 25 to 10 months in prison, suspended for three years, for masterminding efforts to thwart government inspections in 2003.

Two other former UFJ Bank executives were each sentenced to eight months, suspended for three years, for collaborating.

The Tokyo District Court also ordered UFJ Bank to pay a ¥90 million penalty as a corporate defendant.

The three former senior officials blocked Financial Services Agency inspections by systematically hiding documents on major clients, according to the ruling.

The Japan Times Weekly: April 30, 2005
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