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Murakami to claim innocence
Fund manager Yoshiaki Murakami will deny insider trading charges, defense lawyers said on Oct. 16.
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Fund manager Yoshiaki Murakami KYODO PHOTO
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Murakami was indicted in June for allegedly acquiring about 1.93 million shares of Nippon Broadcasting Systems Inc., acting on knowledge that Internet firm Livedoor Co. would try to buy a large stake in the radio broadcaster.
The financier plans to deny those charges, saying he obtained information from Livedoor later than alleged by prosecutors.
The Japan Times Weekly: Oct. 21, 2006 (C) All rights reserved
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