The boss of Japanese bank Nomura has taken a short-term pay cut after a former employee was charged with robbery of bank clients, attempted murder and arson.
The worker allegedly stole money from clients and set fire to their home after visiting them on 28 July this year, the bank said in a statement.
The employee was dismissed a week later, and was arrested in October.
Nomura apologised to the alleged victims, and said chief executive Kentaro Okuda would voluntarily return 30% of his pay for three months.
In addition, nine other Nomura directors and executives will return 20% to 30% of their pay for the same period.
The bank said the former employee told the branch office manager in Hiroshima on 2 August that police suspected him of arson in relation to a fire that occurred at a client’s home, and that he had stolen money from the clients when he visited their home.
He was sacked by the bank on 4 August, and Nomura said “strict disciplinary action” had been taken against relevant managers.
After learning of the alleged robbery the bank said it had immediately contacted the former employee’s clients and “launched an investigation into other possible incidents”.
The employee gave asset management advice to individual and corporate clients.
Police arrested him on 30 October, and he was charged by the Hiroshima District Public Prosecutors Office on 20 November.
Credit: bbc.com