The moves came after 300 ANA middle managers signed a petition supporting Fukatsu, who had earlier protested the appointment of Wakasa's son, Wakasa Masaharu, as president of an ANA subsidiary. Honorary chairman Wakasa Tokuji, chairman Sugiura Takaya and president Fukatsu Seiji have all announced their resignations. Over at All Nippon Airways (ANA), a purge of a different sort is in progress.
Their alleged crime: paying off sokaiya, gangsters that disrupt stockholders' meetings by asking embarrassing questions and engaging in unruly behavior. Twelve other current and former senior executives and managers from the two companies are being held at the Kosuge Detention Center in Tokyo.
Last week, they rearrested Sakamaki Hideo, until recently the head of Nomura Securities, the country's largest brokerage house. On June 13, police picked up Fujita Ichiro, who in May was designated president of giant Dai-Ichi Kangyo Bank (DKB). Go to a list of new and old business practicesĪ NOTHER DAY, ANOTHER ARREST. From Our Correspondent: Hirohito and the WarĪ conversation with biographer Herbert Bixįrom Our Correspondent: A Rough Road Aheadīad news for the Philippines - and some others
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