Japan’s Bank Apologizes For Employee Theft Of Over 1 Billion Yen

Japan’s largest bank, MUFG, apologized for an employee’s theft of over 1 billion yen (USD 6.6 million) from customers’ safe deposit boxes. Investigations revealed theft from 20 clients, totaling 300 million yen. The employee admitted to the crime, using the funds for personal investments. The case has shaken customer trust, with the employee cooperating in the probe, though no arrest has been made yet.