Cover-up and Conspiracy

Victims Against Illegal Bank Suruga (VAIBS) filed a lawsuit in Tokyo District Court challenging Suruga Bank’s discriminatory policy. Suruga Bank divided equal rights to a bank account by forcing minorities-only ID confirmation. This policy threatens access to a bank and leaves minorities with few protections, especially personal information unnecessary for a bank account. According to the legal papers, the arbitrary policy significantly undermines the ability of millions of minorities to access a bank account. It expressly permits Suruga Bank to refuse to provide banking services, even a savings account. At the same time, it misuses sensitive information of minorities. In the lawsuit, Suruga Bank refused to disclose the disputed policy to cover up its illegal act.

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