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Packages containing gold bars started turning up in Ishinomaki, in Miyagi prefecture, about 10 days ago.
BBC: Golden gifts sent to tsunami-hit Japan port
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Mr Suno said he would use the money to rebuild Ishinomaki's fish market, which is currently operating out of tents.
BBC: Golden gifts sent to tsunami-hit Japan port
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In Ishinomaki, which lies 350km (220 miles) north-east of Tokyo, some 3, 000 people died and more than 40, 000 buildings were destroyed.
BBC: Golden gifts sent to tsunami-hit Japan port
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"Since it was labelled as 'miscellaneous goods', I casually opened the box, " Kunio Suno, president of the Ishinomaki Fish Market Co Ltd, told the AFP news agency.
BBC: Golden gifts sent to tsunami-hit Japan port
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Why he was chosen for such a critical cabinet post is unclear, but it certainly had something to do with his hometown being the devastated coastal city of Ishinomaki.
FORBES: Of Sumo and Japanese Government Finances