BoJ overpays on travel expenses

The Bank of Japan has paid overstated amounts of domestic travel expenses claimed by some of its personnel and has been told by the Board of Audit of Japan to correct the problem, Jiji Press reported Thursday 20 April.

Following the independent audit, the BoJ has launched an emergency in-house investigation targeting some 2,000 employees at its head and branch offices, accounting for 40 percent of its total workforce, informed sources were quoted as saying.

The BoJ "takes seriously the fact tha