Japan Post CEO Vows to Restore Trust After Insurance Scandal
- Postal giant suspects 6,300 cases of faulty insurance sales
- Releases interim report into scandal that has rocked the group
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Japan Post Holdings Co.’s top executive vowed to restore public confidence in the postal giant, which has been rocked by a scandal over missold insurance.
In an interim report released Monday, Japan Post said it found about 6,300 cases of insurance sales at post offices that possibly violated the law or company rules.