Shizuka Kamei, state minister in charge of postal reform, said Monday he has informed Japan Post Holdings Co. President Yoshifumi Nishikawa of his plan to submit a bill to the Diet to change the privatization process for the government-owned entity.
Kamei told reporters he met with Nishikawa on Oct. 13 and told him the ruling coalition is ready to submit to the extraordinary Diet session starting this month a bill to freeze the sale of Japan Post shares.
Kamei, who is also financial services minister, said he did not tell Nishikawa anything about his position but indicated he will continue to call on the postal chief to resign.