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© Thomson Reuters 2019Heads of Japan Post group resign over improper insurance sales
By Takashi Umekawa TOKYO©2024 GPlusMedia Inc.
7 Comments
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kyushubill
Well it such good news they got resign instead of being fired and then investigated for charges by prosecutors. I am so happy the elite and upper class in Japan are above all laws. (sarcasm)
obladi
Maybe they should stick to delivering the mail.
Ah_so
Correct that those at the top go. It is always the way that these issues have their roots in an organisation's senior management.
Also, well done to the regulator for not letting another arm of the state get off without punishment - in Japan it often seems like issues are brushed under the carpet. At least here they gave been followed through.
since1981
So those who need insurance will need to go without or seek another company to have needed insurance? Who's being penalized here? I don't really think a 3 month suspension will do any much.
In addition, only resignation? So he/they retire with a nice pension? Bulk savings from the crime? Would love to know if they have lost their pensions, have to pay back the money, etc.
Tom
The Japanese KAMPO postal service women are the most aggressive sales people I have ever run into. The products pay garbage on returns and they just keep on trying to get you to buy more and more and you cannot get them out of your home.
kurisupisu
garypen
Yeah. There are just so few insurance companies in Japan. How will they ever find another insurance company?
Japan Post.