Hisashi Shinto, one of Japan's top business executives, was convicted Tuesday of accepting bribes from Recruit Co., the firm that touched off the nation's biggest political scandal.

The 80-year-old former chairman of Nippon Telegraph & Telephone Co. was given a two-year suspended prison term and fined $175,000.Shinto was convicted of taking bribes in the form of bargain-priced stock in Recruit Co., an information and real estate conglomerate.