BY YUKA HAYASHI
TOKYOThe Japanese government said Friday that it secretly gave the U.S. government what amounted to a $103 million interest-free loan four decades ago as part of an agreement to end the U.S. occupation of the island of Okinawa.
Japanese Finance Minister Naoto Kan said the ministry’s recent investigation into a 1969 bilateral accord showed that the financial settlement Japan made with the U.S. was larger and more complex than previously acknowledged. The $103 million was deposited at the Federal Reserve Bank of New York for three decades, then lowered in 1999 to $3 million. It remains there today, government officials …
Posted in 
Tags: 
