Resignation of Japan's Chief Cabinet Secretary Amid Funds Scandal

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Resignation of Japan's Chief Cabinet Secretary Amid Funds Scandal

Hirokazu Matsuno, Japan's Chief Cabinet Secretary, tendered his resignation on Thursday, amid the escalating funds scandal within the ruling Liberal Democratic Party (LDP), according to local media reports.

Matsuno, entangled in the political fundraising controversy, is under suspicion of having received over 10 million yen (approximately $70,000) in kickbacks from fundraising events organized by his party faction, as per investigative sources cited by Kyodo News.

The LDP has come under intense scrutiny recently, facing allegations that its prominent faction, Seiwaken, or the Seiwa policy study group previously led by the late former Prime Minister Shinzo Abe, failed to disclose substantial amounts of revenue from fundraising events in political funding reports. There are concerns that these unreported funds could be part of a covert financial pool.

Earlier in the day, members of the Abe faction, including Minister of Economy, Trade and Industry Yasutoshi Nishimura, Minister of Agriculture, Forestry and Fisheries Ichiro Miyashita, and Minister for Internal Affairs and Communications Junji Suzuki, submitted their resignations, according to media reports.

This wave of resignations has placed the LDP in an unusual situation, with no representatives from the party's largest faction remaining within the Cabinet, creating a distinctive and challenging circumstance, as outlined in the report.

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