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- Prosecutors continued Friday to investigate Yamaichi Securities, a major brokerage, in connection with alleged illegal payoffs to a racketeer.
- Five of the eight were being investigated for corruption after their names were found on a racketeer's payoff list.
- Nomura Securities also has been under fire for allegedly funneling illegal profits into the account of a racketeer client.
- Another former president of Nomura Securities Co ., Hideo Sakamaki, has been arrested on charges of paying a racketeer.
- Former president Atsuo Miki later pleaded guilty to giving a racketeer 107 million yen ( dlrs 750, 000 ).