Japanese Government Official Encouraged Sogo to File Bankruptcy Without Consulting Financial Revitalization Commssion or Coalition Partners | |||
July 13, 2000 | |||
BridgeNews reports today that Shizuka Kamei, the policy head of the Liberal Democratic Party, advised Sogo to seek bankruptcy protection without consulting with other members of his party or the country's Financial Revitalization Commission. BridgeNews reports that "In a country where political decision making is often opaque and back-room deals are commonplace, Kamei's failure to go through a transparent process in advising Sogo will likely create a stir in Japan." | BKINFORMATION.COM | ||
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