National News

Former Nagano pension exec admits fraud

音声ダウンロード

A former senior executive of a pension fund admitted Nov. 2 to embezzlement in a scandal worth billions in company pensions.

Yoshinobu Sakamoto, 55, the former general manager of the Nagano Prefecture construction employees' pension fund, was arrested Nov. 1 in Bangkok for being in the country illegally. Officials said he would be sent back to Japan.

Speaking to reporters, Sakamoto said he had spent all the embezzled funds but didn't say on what.

"(I'll talk) after returning to Japan," he said. (Kyodo)

長野の年金基金元事務長、横領認める

長野県建設業厚生年金基金の資金およそ24億円を着服したとして、タイ・バンコクで逮捕されていた同基金元事務長坂本芳信容疑者が、11月２日、業務上横領を認めた。

The Japan Times ST: November 15, 2013