Mizuho Bank has revealed that a former employee stole tens of millions of yen from customer safe-deposit boxes.
It's the latest case of its kind to embroil a Japanese megabank. Last year, MUFG Bank revealed a similar theft.

Mizuho announced on Tuesday that the former employee stole the money from the deposit boxes of two customers in 2019. The bank said it fired the person when it discovered the theft.

It also reported the matter to the Financial Services Agency and introduced measures to ensure it couldn't happen again.

Mizuho's decision not to publicize the crime until now could further undermine trust in Japan's megabanks.
Mizuho says it held talks with all of the affected customers and settled the issue.

The bank stopped accepting new users for safe-deposit boxes in January after the MUFG case came to light.

Tokyo police last month arrested a former MUFG Bank employee who stole cash and gold bullion worth around 9 million dollars from about 70 customers.

And in another case, one year ago, Tokyo-based credit union Hanashinyoukumiai reported a similar theft by a former employee at one of its branches.