Update on the Sahashi trial today. According to the Sankei shimbun, Sahashi testified that he didn't know how much money was in the shayukai employee's fund and didn't remember checking the balance himself. He also denied that taking money from the fund was his idea.
Sahashi testified that back in the summer of 2007, NOVA was hurting for cash and wasn't able to pay employee salaries. He stressed that he realized that he had to do something about the situation and decided to use his own shares in the company as collateral to come up with some money.
In previous court sessions, testimony was given that a former assistant manager told Sahashi about the money in the shayukai fund, and that Sahashi ultimately decided that there was no alternative but to "borrow" from the fund.
Comment: I don't remember? I don't understand his strategy. Whatever it is, it makes little sense. Sahashi would have us believe that he was the noble president doing everything in his power to save the company and pay salaries, but he doesn't remember anything about the shayukai fund, and "borrowing" from it wasn't his idea anyway. Apparently Sahashi thinks he can have his cake and eat it, too.
2009.6.17 11:42
経営破綻(はたん)した英会話学校「NOVA」の社員らの積立金3億2千万円を横領したとして、業務上横領罪に問われた元社長、猿橋望被告(57)の第5回公判が17日、大阪地裁(樋口裕晃裁判長)で開かれた。猿橋被告は被告人質問で、積立金を流用した経緯について「よく覚えていないが、積立金の残高は知らなかった。自分で確認した覚えもない」と話し、流用が自らの発案であることを否定した。
また、「当時は資金繰りが悪化し、売り上げで社員の給与をまかなえる状況ではなかった」と証言。「給与が気になり、私がなんとかしなければならないと思った。個人で持っている株券を売却したり、担保に入れたりした」と強調した。
これまでに開かれた公判では、元経理担当次長も「積立金があることは私から報告した。(猿橋被告は)考えて、最終的にはやむを得ない状況なので借りて対応するという指示を頂いた」と証言している。
起訴状によると、猿橋被告は従業員らが福利増進を図ることを目的とする「社友会」の積立金を、NOVAの事業資金へ流用することを計画。元役員らと共謀して平成19年7月20日ごろ、社友会の口座にあった3億2千万円をノヴァ企画の口座に入金して横領したとされる。
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Comments
LoL
LoL LoL LoL LoL LoL LoL LoL LoL LoL LoL LoL LoL LoL LoL LoL LoL LoL
Nova...
LoL LoL LoL LoL LoL LoL LoL LoL LoL LoL LoL LoL LoL LoL LoL LoL LoL
"I don't remember"
He could learn a thing or two from Alberto Gonzales.
That Share Activity
“He stressed that he realized that he had to do something about the situation and decided to use his own shares in the company as collateral to come up with some money”
At the time, my understanding of the use of his “own shares” was very different – I was told he traded them like a yo-yo, via a shady and illegal insider trading circus of an arrangement (under investigation), to create an image the company had a heartbeat, while making extra-ordinary profits during the volatile last days of his beloved deceased Nova Corporation – I was told he milked the cow for every penny it was worth, and beyond, well after he knew it was heading for the rocks permanently.
THORN
Crimes
This trial is a mockery!
Firstly, he is not going to end up doing anytime for this!
Secondly why is he the only one in the dock?
All of the Japanese management ought to facing charges.
This should be Nuremberg all over again.
Sean
I'm gonna Sahashi a dress for
I'm gonna Sahashi a dress for him to wear in prison.
Doing time
I agree Sahashi probably won't do time. He could have guaranteed it by just pleading guilty and saying sorry.
Though it is possible they might make an example of him because it was such a high profile case.
If he does do time Ex-Novaites will be disappointed to hear that according to a former colleague of mine and Japanese criminology professor, rape isn't widespread in Japanese prisons the same way it is in the US. He did say porn was legal and lots of prisoners had extensive mag and poster collections in their cells.
Not Surprised
"rape isn't widespread in Japanese prisons the same way it is in the US"
As always America leads the way as a bright shining light!
Guilty!
Yes! Yes! Yes!
He is not alone in his guilt.
His accomplices claim ignorance or feign stupidity!
They state loyalty to corporation as justification enough for their actions.
They scorned and ostracized those who asked questions.
They bullied and intimidated the weak in order to steal their labour.
These people have no love for their fellow man/woman.
Souless insidious scum who, when the extent of their crimes became apparent, took of their little uniforms and hung up their Nova jack boots and slithered back into the general population to play the role of victims.
Forget not how they treated you, the outsider, without rights and protection.
They took advantage of your nature and exploited your sense of solidarity.
It is time they be named.
Shown publically to be criminal.
From ordinary staff member to branch manager to regional managers we must record their names and identities here so that their crimes.
Saito Masumi (Area 3 Branch Manager)
Kozai Hideki (regional Manager Area 3)
Shibutani (can't remember your first name but will neber forget your ugly face) (staff Member)
Naming of Names
Naming of names:
Saito Masumi
Kozai Hideki
Shibutani Sarunounchi
I think you should add to this list all the names belonging to the traitors – the asshole gaigin, sucked in hook, line and sinker, who sold out their own kind, to promote the greater Nova scam, and tried to have all believe that the blatant Nova evils could be explained by “cultural differences”, when they knew the truth all along.
Bring them to justice too!
THORN
All right lets name a
All right lets name a few:
Jack Arranda, guy changed his name to a tree, what was he hiding something.
Claire "the Dyke" *forget last name*, moved with Arranda from Iwate and was the bitch of all of them.
Anita (forget last name), Aussie that didn't know her ass from face and boy wide load coming thru. Most two faced bitch of the lot.
All from Aichi area
These people should be named
These people should be named and shamed, over and over and over and over and over and over again.
Hang the lot of them I say!!
HANG THEM!!!!
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