Japan Banking Minister Matsushita Commits Suicide

Japanese Financial Services Minister Tadahiro Matsushita

Tadahiro Matsushita, Japan’s minister for financial services and postal reform, seen here in Tokyo on June 7, 2012. Photographer: Haruyoshi Yamaguchi/Bloomberg

A 73 year old man who was on a crusade against Japanese insider trading has committed suicide? And the police have already closed the investigation? Of Japan’s Financial Services Minister?

David DeGerolamo

Japan Banking Minister Matsushita Found Dead at His Home

Japanese Financial Services Minister Tadahiro Matsushita, who since taking the post in June led a crackdown on insider trading that triggered resignations of the top two executives at Nomura Holdings Inc. (8604), has died. He was 73.

The Tokyo Metropolitan Police Department concluded that Matsushita committed suicide and has closed the investigation, according to a police spokesman. They received an emergency call at 4:59 p.m. yesterday after his wife found him unconscious at his home in Tokyo, the spokesman said, adding Matsushita left several notes.


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