illegally operated the foreign currency deposit transaction system from November 2015 to June 2016. The employee was accused of stealing around ¥190 million (US$1.84 million) by manipulating the bank's foreign exchange trading system. Hugh Rodley bank raid A group of criminal hackers including Hugh Rodley, security insider Kevin O'Donoghue, and Soho sex shop owner David Nash were found guilty of an attempted high-tech robbery of £229m from Sumitomo Mitsui Banking Corporation's London branch in September 2004. Henchmen Jan Van Osselaer and Gilles Poelvoorde were also found guilty of conspiracy to steal. The plot was discovered by Sumitomo Mitsui staff, and no money was stolen. Another accused, Bernard Davies, died before trial. Bank of East Asia dispute with Elliott Management Hedge fund activist investor Elliott Management filed a lawsuit against BEA in July 2016 in Hong Kong court over a share placement transaction. Elliott Management, which held 7% of listed shares of BEA, had included majority of the bank's directors, its CEO and chairman in the lawsuit. The transaction in question was on BEA's issuance of new shares to Japan's Sumitomo Mitsui Banking Corp (SMBC) in 2015. Elliott cited "allegations of unfairly prejudicial conduct" and "alleged serious corporate governance failings". In response, BEA applied to have Elliott's petition against them "struck out". This case was heard by Mr. Justice Jonathan Harris from 17 to 19 July 2017. Notable current and former employees Hiroaki Shukuzawa Daizo Kusuda, member of the House of Representatives Ichiro Miyashita, member of the House of Representatives Yoshio Kimura, member of the House of Councillors in the Japan Diet office Laurel Powers-Freeling See also Loans in Japan List of banks in Japan Financial services in Japan Japanese financial system References External links Official website (in Japanese) Official website (in English) Banks of Japan Mitsui Banks established in 1996 Banks established in 1876 1876 establishments in Japan Sumitomo Mitsui Financial Group Financial services companies based in Tokyo Japanese companies established in 1996 Sumitomo Group Systemically important financial institutions