Showa Denki Scandal

Japanese: 昭電疑獄 - しょうでんぎごく
Showa Denki Scandal
This was a case in which the chemical fertilizer company Showa Denko (president: Setsuzou Hinohara) paid large amounts of bribes to politicians in order to obtain loans from the Reconstruction Finance Bank. After June 1948, 44 people, including Hinohara, Prime Minister Hitoshi Ashida, and Deputy Prime Minister Suehiro Nishio, were indicted, and the Ashida Cabinet resigned en masse. In 1958, all cabinet members were found not guilty. →Corruption→Related articles Ashida Cabinet | Japan Democratic Party

Source : Heibonsha Encyclopedia About MyPedia Information

Japanese:
化学肥料会社昭和電工(社長日野原節三)が復興金融金庫の融資を受けるために政界に多額の贈賄を行った事件。1948年6月以後日野原をはじめ,芦田均首相,西尾末広副首相など44名が起訴され,芦田内閣は総辞職した。1958年全閣僚は無罪。→汚職
→関連項目芦田均内閣|日本民主党

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