The Emperor’s Old Clothes: Former Nova President Saruhashi’s office/digs on the evening news
October 30, 2007
By Ken Worsley
Former Nova President Nozomu Saruhashi apparently spent somewhere between 60 and 70 million yen on his private office, which doubled as a living suite, complete with a sauna.
Here’s the Emperor’s old clothes on NHK News from Tuesday night:
It looks as if the bankruptcy administrators are trying hard to separate Saruhashi from the company he ran. This is probably in the hopes that someone will step in and buy what’s left of Nova. The administrators claim that there are interested parties, but no names were given - giving out names didn’t seem to work so well last time. This time we might not even get to hear the denials of interest at press conferences.
There will be those who say, “So what? CEOs spend tons of money on offices.” True. But it seems that’s not what the people administering this bankruptcy want heard on the evening news.
Filed Under Nova, White Collar Crime
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Wonder how many Japanese prison cells would fit into that. I’m guessing you could fit cells for the whole board of directors into there.