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Government ministers will soon hold a conference to discuss problems related to “sokaiya” corporate extortionists as the reverberations of payoff scandals involving leading financial institutions continue to shake Japan, Chief Cabinet Secretary Seiroku Kajiyama said July 11.

“We agreed during an informal meeting this morning to set up a conference to talk about measures to solve problems caused by sokaiya racketeers,” Kajiyama told a regularly scheduled news conference. The ministries involved will promote information exchanges and strengthen cooperation to tackle the sokaiya problem, the top government spokesman said.

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