Sumitomo trial settles
The Sumitomo fraud trial – one of the country’s longest-running civil cases – settled yesterday after just two weeks in court. Japan’s Sumitomo Corporation had been claiming that Crédit Lyonnais Rouse (CLR), a subsidiary of French bank Crédit Lyonnais, had dishonestly assisted convicted fraudster Yasuo Hamanaka, in the last part of a saga stretching back […]