SBI Holdings, a major online finance company, said that the lenders of its subsidiaries had "significant concerns", and some of the funds collected from investors in the name of project costs such as solar power generation were used as planned. It turned out that it was not broken.
SBI has taken internal dispositions such as dismissing directors on suspicion of violating the law by soliciting investors.
"SBI Social Lending," a subsidiary of "SBI Holdings," provides financial services that lend funds collected from investors to fields such as solar power generation and return profits to investors.
Regarding this subsidiary, SBI set up a third-party committee made up of lawyers, etc. to investigate, saying that "it was recognized that there may be serious concerns in the business operations of the lender," and the results were obtained on the 28th. Has been announced.
According to this, 12.9 billion yen out of the 20 billion yen loaned to another company that deals with solar power generation based on the funds from investors was not used as planned, and the construction of the project was delayed one after another. It turns out that there is, and so on.
In response to this, SBI dismissed Takayuki Oda, the then president of the subsidiary, on the 28th, alleging that he was suspected of violating the Financial Instruments and Exchange Act such as "false indication" by soliciting investors. Was disposed of in-house.
SBI has a policy of returning the amount equivalent to the invested principal to the investor of the customer, and is considering withdrawing from the business in question.