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Published

Japan's largest bank apologizes over theft of millions of dollars from safe deposit boxes

  • Japan's biggest bank, MUFG, has apologized after an employee allegedly stole more than 1 billion yen from customers' safe deposit boxes.
  • The bank stated that it is investigating and that 'several billion yen' might have been taken.
  • The thefts occurred at two Tokyo branches from April 2020 until discovered in late October.
  • MUFG Bank's president and CEO Junichi Hanzawa reported that about 60 customers were affected by the theft.
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