Diary of a rail fan in Kansai,Japan(Ver.2)

About world's rail news, general news, my train pictures, and travel diary)

Why was the organization privatized?

Osaka metro reform paves the way for investment drive
http://www.metro-report.com/news/news-by-region/asia-pacific-ex-china/single-view/view/osaka-metro-reform-paves-the-way-for-investment-drive.html

Osaka Municipal Subway has been criticized for its deficit sectors. But, totally the public organization earns billions Yen of profit every year. But, distorted fact that Osaka Municipal Subway has deficit sectors and it's using our tax recklessly was exaggerated, and as a result, local government decided to privatize the public railway organization.
It's like contemporary ochlocracy in Osaka.