Japan's Suga: See no problem with trade minister holding Tepco shares

Reuters

Published Oct 23, 2014 09:26PM ET

Japan's Suga: See no problem with trade minister holding Tepco shares

TOKYO (Reuters) - Japan's top government spokesman said on Friday he does not see any problem with the trade minister holding shares of Tokyo Electric Power, the operator of the tsunami-wrecked Fukushima nuclear plant.

Chief Cabinet Secretary Yoshihide Suga told a news conference that newly appointed trade minister Yoichi Miyazawa is following the appropriate procedures for holding the shares during his tenure based on rules for ministers.

Miyazawa said on Thursday that his political support group spent funds at a sado-masochism-themed bar in his home district and that he owned shares in the power company, known as Tepco.