Both prosecutors and defense lawyers for Hiromasa Ezoe, founder and former chairman of Recruit Co., said Monday they will not appeal a recent ruling that handed Ezoe a suspended jail term over the so-called Recruit scandal.

The decision, together with a similar one from the Tokyo District Public Prosecutor's Office, puts to rest a scandal that began in the 1980s.

"Mr. Ezoe does not want the trial to be protracted further, since he has been accused for as long as 14 years," a lawyer for Ezoe said.