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Suruga Bank Punishes 117 Employees over Loan Scandal

Suruga Bank Punishes 117 Employees over Loan Scandal

   Tokyo, Nov. 30 (Jiji Press)--Suruga Bank <8358> said Friday that it has punished a total of 117 executives and other employees, including by suspensions from duty and pay cuts, over a high-profile real estate investment loan scandal.
   The Numazu, Shizuoka Prefecture-based bank revealed the punitive actions in a business improvement plan it submitted to the Financial Services Agency on the day.

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AFP-JIJI PRESS NEWS JOURNAL


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