BOJ punishes 41 staff after expenses probe

The Bank of Japan said Friday 4 August it would punish 41 officials for either receiving or paying higher than necessary allowances for air travel in the seven years from 1999.

A total of 73.4 million yen more than necessary was paid to 1,334 BOJ officials during the period, the Bank of Japan said.

Thirty-two of the officials were punished for receiving the excessive allowances, with the remaining nine disciplined in connection with oversight of the matter, officials of the bank said.

The 41 BOJ

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