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Article: Honestly, Kaifu triumphs again. (Toshiki Kaifu)
- Article from:
- The Economist (US)
- Article date:
- January 5, 1991
CopyrightCOPYRIGHT 1991 Economist Newspaper Ltd. 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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THINGS were looking bleak for Toshiki Kaifu. Japan's prime minister, whose chief asset is his reputation for honesty, was under pressure to bring into his cabinet politicians who had been tainted with scandal. But Mr Kaifu gets his share of luck. In the last days of 1990 a new scandal broke. A former cabinet
minister, Toshiyuki Inamura, was charged with evading [Yen]1.7 billion ($12.6m) of taxes on some 2.8 billion of ill-gotten gains that he made in a shares racket. Suddenly the pressure was of Mr Kaifu to take back the tainted men.
Mr Kaifu has been prime minister since August 1989. He was originally seen as a stopgap, chosen almost ...