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Sahashi Out on Bail
Sahashi has made bail and has been released.
The Osaka District Court on Thursday granted bail to Nozomu Sahashi, former president of now-defunct language school operator Nova Corp., who was indicted earlier this week for embezzlement of corporate funds. Sahashi, 56, immediately paid 50 million yen in bail.
Sahashi’s lawyers had sought his release on bail after prosecutors indicted him Tuesday. According to the indictment, Sahashi, who was arrested in late June, diverted around 320 million yen from an employee benefit fund on July 20 last year to reimburse tuition fees to people who canceled contracts for language courses.
Comment: Not much to say except for the fact that G.communication must be wincing every time the name NOVA appears in the press because good news and NOVA do not go together. The decision to keep the NOVA brand ranks up there on the list of All-Time Stupid Business Decisions.
Comments
OOO! Firsties!
the obvious question is begged..
uhm..where did the cunt get 50 million yen?
I wonder how all the old Nova Gaijun Cocksuckers are doing now back in their respective countires or still here..trying to find work..
Prospective Employer; "Hmm it says here you were a white drone for an evil company of theives and liars?"
Tim/Karen/Edo/Anders/Glenn/Michael/Nicky/Hayden; "Thats correct."
I hope everyone last one of them Japanophile weasels and corporate ball lickers are working at MOS Burger right now..cuz thats where they fucking belong.
I know how he got the
I know how he got the money:
1 blow job given = 1/2 yen in bail money
If anybody can suck 100,000,000 schlongers in 3 weeks, it's Saruhashi.
That's like 16 year's worth of instructor salary.
Or one month's salary for 166 full time instructors.
The fact that he can still pay it out that quickly shows just how poorly we all got paid. And by all I'm including the J-staff and the 'titled instructors' with their whopping ichiman a month raise. And by poorly I mean that that asshole could have paid us all of our wages due and not the partial payoff we got from the government (appreciative as I am for that, the Labor Bureau did right by me). The government ought to take all his loot and reimburse themselves for having to pay all of NOVA's employees.
One of my current business
One of my current business students tells me that paying out of pocket may be what he has to do. Don't quote me on it, though.
Now thats what I'm talking
Now thats what I'm talking about Canadajin!
I remember they had to send us home one night cos a typhoon was coming and they tried to tell we wouldn't get paid for the lessons we were gonna miss. Cunting assholes...............if there was a hell (only americans believe in such quaint stuff) they would not be fit to get a job cleaning the devils own arse!!!!!!!!
Death by chin chin densha to them all!!!!!!!!!!!!!!!!!!!!!!!!!!
Why are eikaiwa teachers so stupid?
Now THAT'S the obvious question.
Canadajin, haven't you ever heard of 'incoporation'? Do you have any clue what that means? NOVA, for all its faults, was a corporation, right? So why would you think that Saruhashi wouldn't have any personal assets just because NOVA went bankrupt? He was the president of a wildly successful business for many years, and I'm sure he made plenty of money. His PERSONAL assets are not the same thing as the COMPANY assets. If the company goes under he is not PERSONALLY liable for any of the losses. That's what incorporation is all about.
He may be criminally responsible for acts such as embezzlement, etc., and may have to do jail time. Furthermore, if any NOVA teacher wants to personally sue Saruhashi in a civil case, well, that's their prerogative. But the simple fact that NOVA failed, even that Saruhashi's own mismanagement was a major cause of the bankruptcy, will not win a personal damages suit against him. That's what corporate law is all about. NOVA teachers may not like it, but incorporation protects personal wealth from the claims of creditors and lawsuits.
Yes Mr Anonymous, Boring
Yes Mr Anonymous,
Boring person. If you were to gather the worlds 1000 most boring people for a "world's biggest boring loser" competition, I have no doubt you would make the final.
Your "corporate law" has no jurisdiction here.
Please go away
witty...
Well, that was certainly devastating...
Well, As A Matter Of Fact It Was.
i dont want to hear any of your dull sense and logic..you ARE boring.
"P-shaw" to your "laws"...and your "rules"
i want to see him drown in a lake of blood.
i want to see his children summarily executed before his eyes before he is boiled alive in a caludron of ostrich semen.
Lets See the Ghastly..
You run along back to your books and reading now.
Oh and by the way..if the guy is accused of stealing money from his company..the money he uses for his bail can hardly be called "personal" can it?...if he HAD that kind of money..why didnt he use THAT to bail out the company..instead of embezzeling or non-payment of bills, rent, and wages?
its cuz his "personal" money was dirty too.
Personal Money?
Well, the Monkey did say he had used his personal Money to prop up the company, so where the hell is the crook now getting money from? His is a LIAR, and a THIEF, and JUSTICE must be DONE. Burn him alive !
Mos Burger
Mos Burger is too good for those dogs. Try Lotteria, instead.
I Guess He Didnt Use ALL His "Personal" Money
he had to crack open his childrens piggy banks, and dig up the old bento box he had buried in the back garden, and sell his wife's jewels..and whore his children out to some "friends"..and dress up like a school girl and go down to Osaka-Ko to work the Mitsubishi Plant.
dummy shoulda just sold the company ..or actually hired some people who knew how to run one instead of "hiring [[idiots]] from within" ..
ah well....this is all just watching the smoke leaving the crater...its fun..but eventually we all will have to get up and go home...but its SO hard to get up...hand me another beer Mahoney!
ITLL BE A COLD DAY IN JULY WHEN >>I<< BUY SOMETHING FROM THEM
SNAKES FROM LOTTERIA!
although that little cheese burger they got is fucking awesome..but its 290 or soemthing for a little tiny burger..but damn if it aint like home.
OK
Well, you all can enjoy yourselves imagining Saruhashi's disembowelment, or whatever.
But just admit the fact that you know nothing of law, finance or business. Your righteous anger doesn't hide that obvious fact. For supposedly college educated people, most of you are incredibly ignorant.
Eat A Turd, Anonymous Clown-Man
i DO know that trying to run a company only hiring (or promoting-from-within) art grads, computer studies grads, theatre majors, or piano players, then expecting them to adequately fill the roles of supervisors, educational RnD, middle management and accountants (ie Business and education majors) is pretty fucking stupid isnt it?
i also know that treating employees like a chain of never-ending bottomless-pit replaceable cogs is going to have an eventual detrimental effect on hiring, as they go home, and tell 2 friends not to work for Nova, and then they tell 2 friends..and they tell 2 friends..and so on and so on..and so on...is pretty fucking stupid isnt it?
i also know that a top-down corporate structure that is inflexible and indifferent to the experience and needs of the workers is more likely to fail.
i also know that stealing from people is pretty fucking low..especially when you are already a bloated loaded sack of shit..and if we have indignant anger..well..i think its pretty much well-deserved..ya troll.
ah I shouldnt swear..you lose your audience when you swear..
i see your point..but..i respond...poorly..to being insulted.
Yes, but...
Yes, yes, but you didn't know that Saruhashi didn't lose his personal wealth just because NOVA failed. Admit it, you didn't understand what 'incorporation' means.
Well..Maybe So...
but it seems i'm not the only one who is talking from their ass...(i meant monkey man, not you)
i might not know the precise definition of "incorporation"...but then again..i didnt use my "incorporation" to swindle, rob, treat people like dirt, and advance a feudal notion of employment.....
is THAT what "incorporation" means?
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