Sat, 08 Nov 1997

Mitsubishi chief resigns

TOKYO: The chairman of Mitsubishi Motors Japan, Hirokazu Nakamura, has resigned.

He quit last week because of his involvement in corruption scandals involving corporate "Sokaiya" gangsters.

Nakamura was something of a sacrificial lamb for Mitsubishi.

At a press conference late last week to announce his departure, he said he accepted responsibility for his firm's part in a scandal involving donations to racketeer Terubo Tei.