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Asia Sentinel

Tokyo Financial Group Divorces Thai Hire Purchase Firm

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Asia Sentinel
Dec 01, 2017
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The troubled Tokyo-based financial services group J Trust Co. Ltd. announced today (Nov. 30) that it is parting company with the scandal-ridden Group Lease PCL hire purchase firm being investigated by Thai authorities for fraud. However, the divorce runs the risk of bankrupting its subsidiary J Trust Asia.

In a press release on its website, J Trust said …

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