The Bank of Japan on Friday dismissed Yasuyuki Yoshizawa, former chief manager of the Capital Markets Division of the Credit and Market Management Department, due to a bribery charge against him.
The BOJ made the decision as Yoshizawa admitted to the charge to central bank officials, who met with him and his lawyer earlier in the day, said Takayuki Kamoshida, an executive director.
Yoshizawa is the second BOJ official to be dismissed on disciplinary grounds. An engineer was fired in 1968 after his bribery case was sent to the prosecutor in connection with the construction of the BOJ's new building, Kamoshida said.
The central bank is considering punishing Yoshizawa's supervisors -- the former department director and the executive director formerly in charge of the department, according to Kamoshida.
Yoshizawa was indicted Tuesday for receiving 4.3 million yen in bribes in the form of wining and dining and golf outings from the Industrial Bank of Japan and Sanwa Bank over four years beginning in May 1993.
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