Maruishi’s former president arrested again

According to the Kyodo News agency, police in Tokyro re-arrested Yoshio Yagi, the former president of Maruishi Cycle Industries Ltd. He was held on suspicion of arranging a dubious capital increase.

Also served with a fresh arrest warrant was Yukio Mera, head of Maruishi Cycle’s accounting division, who has also been under custody over fraudulent documents regarding a capital increase in a separate case.