• SHARE

The Bank of Japan said Tuesday that it gave former Gov. Yasushi Mieno 182.21 million yen in retirement pay, including allowances for his tenure as executive director and deputy governor.

Yasuo Matsushita, the BOJ chief who resigned inMarch to take responsibility for a bribery scandal, received 34.05 million yen. Toshihiko Fukui, the former senior deputy governor who also stepped down in March, was given 61.60 million yen, including pay for his role as executive director.

Since the bribery scandal, the BOJ has been pressed to disclose more information on payments to its executives. The central bank reduced retirement pay for its executives upon its organizational reform April 1.

A BOJ governor may receive 51.08 million yen upon retirement after his five-year tenure. A deputy governor may receive 40.39 million yen after a five-year term and an executive director 26.42 million yen after four years.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW