The World : Japan Indicts 4 for Bribery
Four businessmen were formally charged with bribery in a stock scandal that has toppled several high officials of the Japanese government and tarnished the reputation of Prime Minister Noboru Takeshita. Those indicted included Hiromasa Ezoe, 52, founder and former chairman of the Recruit Co. conglomerate, and Hiroshi Kobayashi, 43, head of First Finance, a Recruit subsidiary that financed the insider stock sales involved in the scandal. Others indicted were Ei Shikiba, 55, and Hisahiko Hasegawa, 56, formers executive of Nippon Telegraph and Telephone. All four were already in custody.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
