In the third sector connecting southern Tokushima Prefecture and Kochi Prefecture, the managing director of “Asa Kaigan Railway”, which operates DMVs that run on both tracks and roads, said that the amount was inflated last year at the company where he was the president. He was arrested on suspicion of fraud, etc., saying that he defrauded a financial institution of 4 million yen in loan money using a copy of the contract.
Hirofumi Minami (57), managing director of the Asa Coast Railway, a third sector connecting the southern part of Tokushima Prefecture and Kochi Prefecture, was arrested.
According to the police, Managing Director Minami was an company in Matsushige-cho, where he was president at the time, and from May to June last year, he submitted a copy of a false business consignment contract with an inflated amount to a financial institution. However, it is suspected of fraud etc. for defrauding the loan amount of 4 million yen.
It is said that the number in the amount column of the contract for the work entrusted by the local government was rewritten to more than three times the actual amount, and the person in charge of the financial institution was trusted, and the loan was withdrawn.
According to police, he has admitted to the allegations.
The company received a decision to start bankruptcy proceedings from the Tokushima District Court at the end of January, regarding half a year later, and the police are investigating the actual state of management and the use of funds.
The Asa Kaigan Railway, which connects Kaiyo Town in Tokushima Prefecture and Toyo Town in Kochi Prefecture, is a third sector company funded by local governments along the railway line, and the president is Shigeki Miura, the mayor of Kaiyo Town.
Managing Director Minami is the top of the railway operating site, was hired in May this year, and was just appointed as Managing Director in June.
Asa Kaigan Railway commented, “I am very sorry to cause trouble.
Mayor Miura of Kaiyo Town said, “Since the DMV started operating, many people have used it, and it is very regrettable that this situation has occurred. We would like to cooperate with the police investigation and work to ensure that operation is not hindered.”
