In a recent development that has sent shockwaves through Japanese politics, Chief Cabinet Secretary Hirokazu Matsuno, a prominent member of the ruling Liberal Democratic Party’s (LDP) largest faction, is under scrutiny for allegedly receiving over 10 million yen (USD 70,000) in kickbacks from fundraising events organized by his party group. The revelation comes amidst suspicions of various LDP factions amassing secret funds exceeding 100 million yen, signaling a potential scandal that could have far-reaching consequences for the political landscape.
The information, disclosed by a source close to the matter and reported by Kyodo News, a reputable non-profit cooperative news agency based in Minato, Tokyo, has intensified concerns about corruption within the highest echelons of Japanese politics. Matsuno, who belongs to the faction formerly headed by Prime Minister Shinzo Abe, addressed the media at a regular press conference on Friday, vehemently denying any intention to resign.
“I will continue to fulfill my duties with a sense of responsibility,” Matsuno asserted, asserting that his faction is actively engaged in verifying the facts surrounding the allegations. However, the scandal has triggered a wave of investigations by prosecutors, following a criminal complaint that accuses five LDP factions, including Prime Minister Fumio Kishida’s group, of underreporting their revenue from political fundraising parties.
Bu hikaye The Business Guardian dergisinin May 03, 2024 sayısından alınmıştır.
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Bu hikaye The Business Guardian dergisinin May 03, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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