If you don’t know about Mr Muto, read the past article.
According to Japanese media Shukan Bunshun, he solicited an investment from his acquaintances and finally got 41 million yen.
Unfortunately the investment failed and it was revealed that his secretary spent some of the fund for himself. The figure is up to 7 million yen and he payed it for his private loan. Even now the victims aren’t payed back yet.
Mr Muto acknowledged the fact and said he lent the money to his business partner, who was going to fund a company. When he was asked if he sent a massage about the investment to those acquaintances(time stamp says it), he argued that it’s wrong because of time difference.
According to Japanese law, politician must report the fact that he/she have lent money but Mr Muto didn’t. He may have violated the low.
