Ex-Nova chief out on Y50 mil bail

Friday 18th July, 04:26 AM JST

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14 Comments

smartacus at 07:26 AM JST - 18th July

Sahashi's lawyer just walks in with a suitcase containing 50 million yen in cash and he's out on bail. And just yesterday, on the Rolls-Royce thread, I was asking who had the sort of money to buy such a car. Don't the tax authorities want to know where that 50 million yen came from?
bushlover at 07:51 AM JST - 18th July

50 mil? wow. whose salary was that? Or which schools? I thought they were 'bankrupt'.
Zen_Builder at 08:05 AM JST - 18th July

The schools are bankrupt, he is NOT.

Reminds me of a guy that I heard off. Got fired for causing losses to the company. Fun part is his firing/retirement package from the company was more than the losses he caught.

Once you get above a certain level the money just keeps rolling in.
nimbus at 08:28 AM JST - 18th July

His bail should have been set at 320 million yen or higher.
thepro at 08:59 AM JST - 18th July

Just a measly 50 mil eh?
imagawa at 09:15 AM JST - 18th July

How many Nova hours would 50mil stack up to? Student or teacher hours
taj at 09:35 AM JST - 18th July

Are the new owners still using the NOVA name? If so, it must make them cringe every time they read they paper these days. (ex-)NOVA + ARREST or INDICTED or BAILED, etc..

Can't be good for the brand.
Spidey at 10:16 AM JST - 18th July

I guess crime DOES pay! A LOT!!

S
asdfghjkl at 10:26 AM JST - 18th July

Well thats 320-50 so there must be now only 280million left from the diverted money. I wonder where the 50 million he paid for bail went.....should this go back to the people he conned.
serindipity at 10:49 AM JST - 18th July

You shouldn't be so hard on this poor guy. He is a very clever businessman. He scammed the whole country for 20 years, moved all his money offshore and in the end, he ripped off all his employees. What a guy! He is a hero! Just like Christopher Skase, except this twit didn't have the good sense to head for Spain when the hammer started to swing. The half a million bucks bail is just petty cash for him.
TPOJ at 10:49 AM JST - 18th July

Er, the 320 mil went to people who cancelled their lessons, not to his pockets.

Which does nothing to salvage his well earned reputation as a scum sucking waste of humanity, however.
thepro at 12:53 PM JST - 18th July

Did he have to surrender his passport?
Youdontknow at 02:16 PM JST - 18th July

If any one of us stole as much as $50, we'd NEVER be allowed out on bail. One rule for them, one for us. I hope Sahashi enjoys this little taste of freedom before he takes up new residence in jail.