After being arrested and charged by the Osaka District Prosecutor's Office for embezzlement of 2.1 billion yen over land transactions, the prosecution abandoned the appeal on the 11th and was acquitted of the former president of a real estate company who was acquitted in the first instance last month. It was decided to do.
The acquittal is confirmed by Shinobu Yamagishi (58), who was the president of Pressance Corporation, a real estate company listed on the First Section of the Tokyo Stock Exchange, which is headquartered in Osaka.
Four years ago, when he practically bought the land of a high school of a school corporation in Osaka, he conspired with the former president of the corporation and his subordinates and said that he had stolen 2.1 billion yen. I was arrested and charged by the Special Investigation Department.
While Mr. Yamagishi consistently denied any involvement in fraud, the Special Investigation Department used the statements of his subordinates as the pillar of proof, but the Osaka District Court of the first instance was investigated by his subordinates on the 28th of last month and the content was different from the truth. He criticized the investigation and acquitted him, saying that he might have spoken to him.
Regarding this decision, Deputy Prosecutor Kensaburo Yazawa of the Osaka District Public Prosecutor's Office announced on the 11th that he would not appeal, saying, "We have examined the relevant evidence, but decided that it is difficult for the appeals court to overturn the decision." Will be confirmed innocent.
In this case, the former president of the school corporation and the subordinates of the company have been found guilty.
Former president "I am relieved that the truth is finally understood."
Mr. Yamagishi was the founder of Pressance Corporation, and although he grew the company rapidly in the condominium sales business mainly in Kansai, he was arrested by the Special Investigation Department and resigned as president.
The prosecution did not appeal and the acquittal was confirmed, and Mr. Yamagishi commented, "I am just relieved that the public prosecutor's office finally understood the truth."
In addition, Kazuhiro Nakamura, the chief attorney, said, "This case is contrary to objective evidence, and there was a big problem with the content of the investigation by the parties concerned, so it is natural for the prosecutor to abandon the appeal. I would like the prosecutor to properly apologize to Mr. Yamagishi. "