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Political Funds Scandal

All articles tagged with #political funds scandal

Japan's Ruling Party's Largest Faction Dissolves Amid Scandal
politics2 years ago

Japan's Ruling Party's Largest Faction Dissolves Amid Scandal

The largest faction in Japan's ruling Liberal Democratic Party has decided to disband amid a political funds scandal, following the pledge by Prime Minister Fumio Kishida to dissolve his own faction. The move aims to restore public trust in the party, which has been rattled by allegations of slush funds and lack of transparency. While some view the disbandment as a bold reform, others see it as a political performance, urging Kishida to implement measures to strengthen financial oversight. The scandal has led to intense scrutiny and public outrage, pushing approval ratings for Kishida's Cabinet down sharply, and prosecutors have indicted accountants and lawmakers from various factions on suspicion of failing to report political funds.

"Political Funding Scandal Forces Japan's PM Kishida to Resign as Ruling Party Leader"
politics2 years ago

"Political Funding Scandal Forces Japan's PM Kishida to Resign as Ruling Party Leader"

Japanese Prime Minister Fumio Kishida is set to resign as the chief of his faction in the ruling Liberal Democratic Party due to a political funds scandal. The scandal involves allegations of underreported revenue from political fundraising parties, with the extra income potentially being returned as kickbacks to lawmakers. Kishida's approval ratings have dropped, and there have been calls for him to leave his faction to regain public trust. Additionally, Kishida has denied links to the controversial Unification Church after reports of a meeting with senior figures from the organization. The largest faction in the LDP is suspected of pooling secret funds, and prosecutors are considering questioning lawmakers involved in the scandal.