Between November and January, Ryokichi Takaesu, a 64-year-old executive of the Kyokuryu-kai, is alleged to have received a total 13 million yen from a manager at Tokyo-based Taisei Construction in the purchase of a plot of land measuring 15,000 square meters in Naha Ciy.
Police also arrested 71-year-old businessman Koichi Yoshizawa. Both suspects have denied the allegations.
According to police, a fishery cooperative requested that the manager at Taisei purchase and resell the property, reports the Yomiuri Shimbun (June 10). However, the manager failed to find a purchaser, and the cooperative sold it to a third party.
The chairman of the cooperative then consulted with Takaesu about receiving compensation from Taisei for the non-completion of the request.