On December 23, 1948,
Hideki Tojo and six other Class A war criminals were hanged. The next day, all Class A suspects who had not been indicted were released (aside from the seven who were executed, eighteen were given very long or life sentences.) Sasakawa and Kodama were among those who were released. There is much speculation surrounding Sasakawa's release. While some suggest that there was simply not enough evidence to indict him of Class A war crimes, others believe it was due to a lack of resources available to carry out trials of all suspected war criminals. The two men subsequently chose different paths in life, but maintained their friendship until the death of Kodama in 1984. Sasakawa became deeply involved in the
post-war reconstruction; though he never again entered politics, he used his considerable influence to bolster business and political parties. The most effective of his post-war activities was the creation of a gambling industry that is still in existence today. Along with his friends
Syngman Rhee, the first President of Korea, and
Chiang Kai-shek, the Chinese nationalist leader, he founded the
World Anti-Communist League. Among other coups, the league claims to have played a part in the 1966 overthrow of Indonesia's President
Sukarno. Sasakawa stated once: "I am the world's richest fascist." Sasakawa supported the controversial
Unification Church founder
Sun Myung Moon (
Moonies) in his anti-communist activities. From 1968 to 1972, Sasakawa was the honorary president and patron of the Japanese branch of
International Federation for Victory over Communism (Kokusai Shokyo Rengo), which would forge intimate ties with Japan's conservative politicians. Allen Tate Wood, a former top American political leader of the
Unification Church of the United States, recalled his surprise upon hearing Sasakawa telling an audience, referring to himself, "I am Mr. Moon’s dog". Sasakawa helped form the
World Union of Karate-do Organizations in 1970, also serving as its president. In 1980, Sasakawa claimed to have salvaged the wreckage of the
Russian cruiser Admiral Nakhimov over the strong protests of the
Soviet Government. Sasakawa later publicized photos of what appeared to be a valuable cargo of
gold bullion,
platinum ingots, and
British sovereigns, as well as crates of precious jewels. Sasakawa claimed that the treasure was worth over $36 billion in modern currency, but offered to turn it over to the Soviet Union, in return for the
Kuril Islands to
Japan. Sasakawa's credibility was completely ruined when it turned out that the metal shards he allegedly recovered from aboard the Admiral Nakhimov had the density of lead, but not platinum. Sasakawa died July 18, 1995. He had three sons: Masatada,
Takashi and
Yōhei. == Nippon Foundation ==