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Corporate accountability

Japan Bank Executives Slash Pay After Employee Allegedly Steals from Safe Deposit Boxes

Thursday by American Conservatives

On Friday, executives at a major Japanese bank reduced their salaries and apologized for thefts after a staffer had been arrested by the police on suspicion that he stole valuables worth around 1.4 billion Japanese Yuen (nine million US dollars) from safe deposit boxes.   In October, MUFG Bank discovered that thefts had occurred at two branches over four … [Read more...] about Japan Bank Executives Slash Pay After Employee Allegedly Steals from Safe Deposit Boxes

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