New York state hit Japan's largest bank Bank of Tokyo Mitsubishi-UFJ with a $250 million fine Thursday for handling money transfers that violated sanctions on Iran, Sudan and Myanmar.
The state's Department of Financial Services (DFS) said Mitsubishi-UFJ moved billions of dollars through its New York branch between 2002 and 2007 for state and private entities in Iran, Sudan and Myanmar, including entities on the US Treasury's blacklist.
In that period banking services and money transfers fell under US sanctions on the three countries.
To hide them, the DFS said the bank employees "systematically" removed information from wire transfer messages that could have identified the parties involved.
In all, the bank handled nearly 28,000 illegal transactions worth $100 billion in violation of the law, according to the DFS.
The Tokyo District Court on Friday sentenced former Aum Supreme Truth cult member Makoto Hirata to nine years in prison for his involvement in a high-profile 1995 kidnapping and other crimes committed by the doomsday cult. (The Japan News )
Fewer than 40 pct of residents and commuters in Tokyo take specific measures to prepare for a possible huge earthquake beneath the Japanese capital, despite high awareness on disaster prevention, a Metropolitan Police Department survey showed Friday. (Jiji Press )
The man under arrest for fatally stabbing one man and wounding three others during a 10-minute rampage in Kashiwa, Chiba Prefecture, on Monday night, told police on Thursday that he wanted to hijack a plane at Haneda airport and fly it into Tokyo Skytree to take revenge on society. (Japan Today )
The 24-year-old suspect in the murder of a man on a street in Kashiwa, Chiba Prefecture, on Monday is believed to have posted a profile online in which he identified himself as a "celeb NEET," meaning a celebrity without a job, according to local online news site J-Cast News. (Japan Times )
The proportion of single nonregular Japanese male workers in their 20s who have girlfriends stood at 18.7 pct in 2012, against 30.7 pct for regular employees, a government survey revealed Thursday. (Jiji Press )
Police in Kashiwa, Chiba Prefecture, on Wednesday night arrested a 24-year-old unemployed man over four knife attacks within 10 minutes that left one man dead and three others injured on a street. (Japan Today )