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.
An independent judicial panel of citizens said Thursday it has decided that three former executives of Tokyo Electric Power Co. merit indictment over the 2011 nuclear disaster at the Fukushima Daiichi power plant. (Kyodo)
Osaka police said Wednesday they failed to report roughly 81,000 criminal cases to the National Police Agency between 2008 and 2012, or nearly 10 percent of the total reported by the prefectural police force during the five-year period. (Kyodo)
Police in Japan say that a 16-year-old girl has admitted to slaying her classmate because she "wanted to kill someone" and "dissect" the body, according to Japanese news agency Kyodo News. (huffingtonpost.com)
On July 16, Kanagawa Prefectural Police arrested Koichi Yokoyama, a former Liberal Democratic Party member of the Kanagawa Prefectural Assembly, for allegedly possessing stimulant drugs at his apartment in Yokohama last month. (Tokyo Reporter)
Golden-gai, a warren of tiny bars near Shinjuku's Kabukicho entertainment district, has long been a refuge for writers, musicians, filmmakers and other artistic types, who congregate at drinking establishments with like-minded patrons. (Japan Times)
On July 7, Tokyo Metropolitan Police arrested 30-year-old Ikki Jin for allegedly slipping a sleeping powder into an alcoholic drink consumed by a 23-year-old male and robbing him of a total of 350,000 yen in cash and valuables in February. (Tokyo Reporter)
Coverage of Hyogo prefectural assemblyman Ryutaro Nonomura's July 1 televised tantrum is finally winding down in the mainstream media. But on the Internet, where a YouTube video of his press conference registered over 2 million views in just two days, it's still going strong. (Japan Today)