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KANGYO BANK OUTGOING PRESIDENT SPEAKS AT NEWS CONFERENCE IN TOKYO, 1997-05-23 (photo)

KANGYO BANK OUTGOING PRESIDENT SPEAKS AT NEWS CONFERENCE IN TOKYO, 1997-05-23 (photo)
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IMAGE number
REU7920002
Image title
KANGYO BANK OUTGOING PRESIDENT SPEAKS AT NEWS CONFERENCE IN TOKYO, 1997-05-23 (photo)
Auto-translated text View Original Source
Photographer
Eriko Sugita
Medium
photograph
Date
1997 AD (C20th AD)
Shooting Date
1997-05-23
Image description

Dai-ichi Kangyo Bank (DKB)'s President Katsuhiko Kondo (2nd R) takes off his eyeglasses as he listens to reporters' questions at a news conference with his replacement Ichiro Fujita (R), DKB Chairman Tadashi Okuda (2nd L) and Okuda's replacement Yoshiharu Mani at the bank's Tokyo headquarters announcing the top management resignations May 23. DKB announced the resignations and appointments as a gesture of remorse over its links to an alleged corporate extortionist, or "sokaiya", who has been accused of taking illegal payoffs from Japan's top brokerage, Nomura Securities. JAPAN SCANDAL RITUAL

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REUTERS/Eriko Sugita / Bridgeman Images
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