MUFG Bank has reported that a former employee has unlawfully taken customers' assets from safe deposit boxes. This incident took place at the Nerima and Tamagawa branches. The individual responsible for these thefts has already been terminated from their position. Approximately 60 safe deposit box holders across these branches have been impacted, with the estimated market value of the stolen assets ranging between 1 to 2 billion yen. The former employee had the role of managing the safe deposit boxes at these locations.
MUFG Bank has committed to promptly providing appropriate compensation to all affected customers for their losses.
As Japan's leading financial institution, MUFG Bank operates an extensive global network across roughly 40 countries. Its shares are publicly traded on the stock exchanges in Tokyo, Nagoya, and New York.
