Murakami accused by key witness | 日本のニュースを英語で読むならジャパンタイムズウィークリー


	UPDATE: Saturday, June 12, 2010 The Japan Times Weekly 2006年12月9日号（バックナンバー）

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Murakami accused by key witness

A key prosecution witness in an insider trading trial testified Dec. 1 that the accused fund manager knew from the start that Internet company Livedoor was serious about taking over a broadcaster.

Yoshiaki Murakami KYODO PHOTO

How much and when Yoshiaki Murakami, head of MAC Asset Management, knew about Livedoor Co.'s intentions to buy up Nippon Broadcasting Systems Inc., is crucial to the trial.

Murakami, 47, a former government bureaucrat turned fund founder, pleaded not guilty to all charges in the opening session Nov. 30, denying that he bought Nippon Broadcasting shares with a Livedoor takeover in mind.

Answering a prosecutor's questions, former Livedoor Chief Financial Officer Ryoji Miyauchi outlined the planning between Murakami and former Livedoor Chief Executive Takafumi Horie about how Livedoor would buy up Nippon Broadcasting.

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