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National NewsMurakami sentenced to two yearsThe Tokyo District Court on July 19 sentenced Yoshiaki Murakami, a former investment fund manager, to two years in prison for insider stock trading. Murakami, founder of the Murakami Fund, pleaded not guilty. The fund allegedly made around Y3 billion by trading shares in Nippon Broadcasting System after Internet firm Livedoor gave Murakami insider information. (Kyodo)
Shukan ST: July 27, 2007 (C) All rights reserved |