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© 2011 AFPEx-Daio Paper chairman arrested for using billions of yen on gambling spree
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© 2011 AFP
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gogogo
Moron gets what's coming to him. I hope to read more stories about other companies following suit.
sillygirl
oh, yeah. let`s see a little more of this and maybe japan will be a better place.
naruhodo1
Better yet, a slap on the hand and japan is all better
rickyvee
what a great way to go!
nath
There is the main problem. All around the world workers are held at bay due to corruption and nepotism.
cwhite
Would love to know what he gambled on, how much at a time, how he got royally screwed by the casino's and what kind of hospitality he received from them. Hope they helicoptered him to the airstrip and put him on a private charted plane and wished him farewell and expect him to return next month with more dosh.
You know he could have given each and every single employee 3,000,000JPY bonus instead of gambling it away although the shareholders would be pissed.
CrazyJoe
If you want to gamble, at least use your own money. This guy probably thinks of a million yen like a hundred yen coin.
anglootaku
He should of fled to another country or stayed in Macau :P
thepro
He might become a politician soon
ExportExpert
Slap on the wrist coming right up !
What a jerk this guy must be, gamble this amount of money away. Mouth, Gold, Spoon ! Spoilt little rich brat !
There are probably more exactly like him running around Japan too.
vctokyo
how many more of these will we see? olympus, tepco cover ups, saga nuclear plant chairmen telling staff to send positive support for the plant, now this...i know this happens all the time outside of japan...but seems lack of corporate governance in japan is getting alot more press these days....are we only seeing the tip of the iceberg?
sensei258
He'a already "deeply apologized", now nothing will happen to him.
Serrano
"using billions of yen of subsidiaries' cash"
More like stealing billions of yen of cash that didn't belong to him. Can he even begin to pay it back?
Take everything he owns, and everything he's going to make for the rest of his life at hard labor.
seesaw1
He's quite a good looking guy .. I bet the money must have gone into his many love affairs too?
lucabrasi
He sounds mentally ill. I hope they can help him, poor guy.
whiskeysour
Las Vegas ? Did he bring his wife ? Sounds like he had a great time. He should right his memoirs and escapades.
All the women & the fun !!!!!!!
GW
Olympus, Paper-boy, wonder what we will have next week! Or in the next day or so!
Plenty of stuff happening out their JT, round up the rest of the J-media start exposing more of these scandals, gotta be tons of crap going down!
Triumvere
That is an absurd amount of money.
wontond
What's that old saying? The first generation builds up the empire and the third generation tears it down.
ubikwit
another jokers' wild in the corporate spam jam green eggs and grand slam get lucky yuppy guppy...
this sadly demonstrates that a substantial number of clueless drones have made it into the upper echelons of the corporate world, there to play the stock market, or the SLOT M>INES!!!
good job!!!
avenger
I doubt gambling is the only thing he endulged in Macau? Is he married, I bet he visited the chicken ranch a few times