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Prime Minister Ryutaro Hashimoto on Thursday unveiled plans to establish a new forum of exchanges between the Finance Ministry and the nation’s financial firms as a way to cut down on corruption.

As the bribery scandal involving Finance Ministry bureaucrats and four major commercial banks rumbles on, Hashimoto told the Diet he will create a “liaison conference” between the ministry and financial firms in which the two sides exchange information and opinions on a regular basis.

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