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First Trial Held in Nippon Steel's "Fictitious Orders" Case; Two Former Employees Admit to Charges; Executive of a Business Partner Claims "No Conspiracy" - Fukuoka District Court, Kokura Branch
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Two former Nippon Steel employees, accused of colluding with a business partner to repeatedly place fictitious orders and defraud the company of cash, pleaded guilty at their first trial. The defendants charged with fraud are former Nippon Steel employees Ryukichi Otsu (51) and Takayuki Mitsuishi (44), and Junichi Yamazaki (80), an executive at a business partner company. According to the indictment, the three conspired to repeatedly place ficti…
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