Diet committees will hold extraordinary sessions July 17-18 to scrutinize the planned public-funded bailout of ailing department store operator Sogo Co., legislators said Thursday.
The House of Representatives Finance Committee will meet July 17 to question the propriety of allowing the state-run Deposit Insurance Corp. to buy 200 billion yen in Sogo loans, at least half of which would be forgiven.
A House of Councilors panel on measures to revive the financial system and economy will meet to discuss the same issue the following day.