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Article: Fukui investment causes stir.
- Article from:
- Yomiuri Shimbun
- Article date:
- June 14, 2006
CopyrightCOPYRIGHT 2006 The Yomiuri Shimbun. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Akihiro Okada
Jun. 14--TOKYO -- The news that Bank of Japan Gov. Toshihiko Fukui had personally invested [yen]10 million in the so-called Murakami Fund caused a commotion in the government and financial industry Tuesday.
The most senior figure in the nation's financial world has effectively backed an investment fund suspected of involvement in illegal activities.
Yoshiaki Murakami, who headed the fund until recently, has been arrested on suspicion of insider trading in violation of the Securities and Exchange Law.
Some opposition party members have begun to wonder whether Fukui's moral responsibility should be called into ...