Showing posts with label amakudari. Show all posts
Showing posts with label amakudari. Show all posts

Saturday, December 30, 2006

Watanabe eyes tougher 'amakudari' rules by end of Jan


Newly appointed administrative reform minister Yoshimi Watanabe said Friday he intends to formulate the framework of a bill to toughen rules on "amakudari," or the hiring of retired government officials by companies, possibly by the end of January.

"I will make a report to the Council on Fiscal and Economic Policy by the end of January or in early February at the latest," Watanabe told reporters after taking part in a TV talk show. Watanabe referred to Prime Minister Shinzo Abe's initiative to eradicate a form of amakudari in which government entities give favors such as awarding contracts to effectively force companies to hire retired senior government officials.