Japanese banking giant UFJ has been raided by prosecutors investigating whether the group hindered an official probe into bad loans.
The raid is thought to have come in response to a complaint filed by Japan’s markets watchdog on Thursday.
The Financial Services Agency also banned UFJ from lending to new clients for six months
The former chief of Japanese carmaker Mitsubishi Motors has denied criminal charges that he conspired to cover up defects which led to a fatal accident.
Former president Katsuhiko Kawasoe and ex-vice president Takashi Usami are on trial in Yokohama, near Tokyo.
Mitsubishi has admitted that it covered up the clutch problem which led to the death of a truck driver in 2002
A production company sued Sony Pictures and its Columbia Pictures division, alleging the studios shortchanged the firm on receipts from the 1970s film “The Lords of Flatbush,” court documents state.
The suit filed Monday in Los Angeles Superior Court by Ebbets Field Film Co. claims breach of contract and violation of the business and professional code
Japanese police have arrested seven former executives of Mitsubishi Motors on suspicion of falsifying reports into a fault that caused a fatal accident.
The seven all worked for the company in January 2002, when a woman was killed by a wheel that broke off a passing Mitsubishi truck.
Up until March of this year it had blamed improper maintenance