Takafumi Horie
FILE PHOTO

Ex-Livedoor chief Horie released on Y600 million bail

Monday 28th July, 02:14 PM JST

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Latest 15 of 29 Total Comments Show All

jbro888 at 08:46 PM JST - 28th July

because hes filthy rich?
WMD at 09:07 PM JST - 28th July

Why Horie?? They are all corrupt. He's young and didn't pay homage to the ruling oyajis. The supreme court will just rule so as to please the ruling elite. Free Horie now!!
Blue_Tiger at 09:27 PM JST - 28th July

I personally believe that Horie was Shanghaied. How many bigtime corporate execs have done and are doing the same exact thing, and vhave gotten away with it? Horie got the shaft because he didn't fit into the "Oyaji/Bucho" mold, and went his own direction.
Sarge at 09:39 PM JST - 28th July

I hear he still has around 10 billion yen to play with.
Peaceful_Man at 09:46 PM JST - 28th July

He is guilty and has been given a jail sentence. He should be in jail. The judge gave him bail. Equate that to the Nepalese bloke who was found not guilty of murder but was kept in jail until the cops could appeal....

One rule for the rich A very different one for gaijin
buggerlugs at 10:46 PM JST - 28th July

6 million!!! then the blooming joke of a government can lower the taxes on petrol!!!
Sarge at 11:16 PM JST - 28th July

"6 million ( 600 million yen )!!! then the blooming joke of a government can lower the taxes on petrol!!!"

Ha ha ha ha ha ha ha ha ha! Good one, bugger!
PepinGalarga at 11:29 PM JST - 28th July

bail money is reported like a loan, so its not income. as long as you show up in court, you get it all back. At least that's "how i heard" it works in the USA hahaha.

if he can get off from the sentence is another issue. I guess at this point he has already faced the horror of Japanese jails and will pay anything and DO anything to get out, even if it put him in danger of commiting other crimes. This is the endgame for him.

even if he got set up, his way of doing business "live on TV" got him very few friends. He should move to california if he gets out.
GUNOT at 05:39 AM JST - 29th July

I hear he still has around 10 billion yen to play with.
Sarge at 07:07 AM JST - 29th July

GUNOT - I beat you to that by 8 hours. Hee hee!
mindovermatter at 07:57 AM JST - 29th July

Bail...After he's been sentenced...?

Ah.... never mind.... no one from a civilized western country will ever understand anything about the Japanese legal system... so why bother....
mindovermatter at 08:06 AM JST - 29th July

Blue_Tiger

Completely agree....Even before before this guy was charged, people were already saying how he's going to get hard time....

Why...? He went against the system....stepped on some toes.... The fix was in... he was guilty even before his first day of court... Personally, I think he probably did do some of the stuff he was accused of...But those judges made up their minds before they even stepped foot in the court the very first day...

This is what's so screwed up about japan....There may be some "rigged" system in the states... I.E...getting a building permit from the city or renewing a contractor's license...ect... But not in the legal system...

In the U.S. the judge has absolutely nothing at all to do with the police who arrest somebody....NOT TRUE in Japan... They are tied at the hip...
mikihouse at 08:47 AM JST - 29th July

If you get caught in Japan, then you are guilty. If you confess, you get a lenient sentence. If you protest your innocence, you get a heavy hand ruling. Its not guilty or not guilty mate. Its simply a kangaroo court where the accusser and the judge are the same. Horie knowing the system should have not blatantly challenged the status qou and cook the books at the same time. A complete recipe for a disaster.
papasmurfinjapan at 12:06 PM JST - 29th July

I personally believe that Horie was Shanghaied. How many bigtime corporate execs have done and are doing the same exact thing, and vhave gotten away with it?

That may indeed be true. But it doesn't mean he should get off or be treated leniently just because everyone else is doing it and not getting caught. I have no sympathy for the man.
Blue_Tiger at 08:27 PM JST - 29th July

Well said, mindovermatter. I couldn't agree with you more. The "old boy" system here in Japan is stifling. Akebono couldn't get a position as a stablemaster in Sumo precisely becauseo f the "Old Boy" system here, and as a result, he's had to go into Pride, K-1, and Japan Pro Wrestling. Horie was a victim of the "old boy" system here, and because he didn't play by the "old boy" rules, he is getting sent up the river. It wouldn't surpise me in the least to find out sometime down the road if someone in LiveDor was on the take, the money trail leading back to a competitor or a jealous rival.