Horie didn’t believe accounting to be illegal
Horie’s lawyers have admitted that some accounting was fraud, but have argued Horie is innocent because he considered the accounting to be above board.
Horie’s lawyers have admitted that some accounting was fraud, but have argued Horie is innocent because he considered the accounting to be above board.
Horie has apologized in court for mis-reporting financial losses.
‘Our management’s attention used to be directed only at our stock price,’ said Kozo Hiramatsu, who was testifying on behalf of Livedoor at a Tokyo District Court hearing