Japanese Prime Minister Fumio Kishida will step down as leader of his faction in the ruling Liberal Democratic Party (LDP). The reason was a scandal with possible violations regarding political donations, writes the Kyodo agency.
Politicians raise money through receptions and parties. They are attended by business representatives; a ticket to the event costs about 20 thousand yen (about $136). Each faction traditionally sets quotas for the number of such tickets.
Amounts that exceed quotas are transferred to LDP deputies. However, they were not reflected in the financial statements. It is believed that the money was used as secret funds.
The Tokyo prosecutor’s office began an investigation. According to investigators, about 100 million yen ($679 thousand) were transferred to members of the largest faction in the LDP, led by ex-Prime Minister Shinzo Abe.
However, an investigation is being conducted against all five factions that are in the ruling party. The head of one of them is Prime Minister Kishida. If he leaves his post, he will be able to take a neutral position amid the scandal.
It was previously reported that the approval rating of the Kishida government had updated the latest anti-record. 24% of Japanese citizens approve of the work of the Cabinet.
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