FRC Chairman Kuze bows after resignation

FRC Chairman Kuze bows after resignation

TOKYO, Japan - Financial Reconstruction Commission (FRC) Chairman Kimitaka Kuze bows at a press conference in Tokyo on July 30 after resigning in connection with the receipt of benefits and payments from Mitsubishi Trust & Banking Corp. and condominium developer Daikyo Inc. Kuze served as FRC chairman and a state minister since July 4, when Prime Minister Yoshiro Mori launched his new cabinet. Mori immediately appointed former Economic Planning Agency chief Hideyuki Aizawa as Kuze's successor.

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  • Kyodo / Kyodo News Images
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