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live • 35 lines
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Hanzawa Naoki, Loan Section Chief at
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Osaka Nishi Branch Office of Tokyo Chuo Bank,
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followed Branch Manager Asano's orders, and
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secured a loan agreement of
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500 million yen from Nishi Osaka Steel.
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However, Nishi Osaka Steel, which outwardly appeared to be a company in good standing,
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was actually window dressing its financial statements in order to hide its massive debts.
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Immediately after getting a loan from the bank, it went into bankruptcy.
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