Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Japan education minister denies illegal funds report

Published 02/25/2015, 10:24 PM
Updated 02/25/2015, 10:50 PM
© Reuters. Shimomura, Minister of Education, Culture, Sports, Science and Technology, and Minister of Olympic and Paralympic Games of Japan, speaks during The New Context for Japan event in the Swiss mountain resort of Davos

TOKYO (Reuters) - Japan's education minister denied on Thursday a report by a weekly magazine that he illegally received political funds, just days after the farm minister resigned over similar allegations.

Education Minister Hakubun Shimomura, a close ally of Prime Minister Shinzo Abe, told a parliamentary panel that the article by the Shukan Bunshun magazine was incorrect.

"It is different from the facts, and I am angry," he said.

Chief Cabinet Secretary Yoshihide Suga said separately that he believed Shimomura had not violated any laws. "I think he has fulfilled his responsibility to explain and that there is no legal problem at all," Suga told a news conference.

The magazine said most regional support groups for Shimomura had not been registered as political organizations and appeared to have improperly collected funds on his behalf.

The magazine also said some of the fees collected from group members appeared to have been funneled to the branch of Abe's ruling Liberal Democratic Party in Tokyo that Shimomura heads.

The magazine did not specify the total amounts involved.

Japanese election law mandates that any group that supports a politician or puts up a political candidate must register as a political group. Of 10 support groups for Shimomura, only one based in Tokyo is registered as a political organization, the magazine said.

Responding to questions by an opposition lawmaker, Shimomura told the panel the groups were not for the purpose of collecting political funds but were voluntary groups of people in the education field engaging in "friendly activities".

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

He said he had returned funds said to have been donated to the LDP branch he heads by a person with possible ties to gangsters, as well as funds from non-Japanese citizens after finding out the source. Donations by non-Japanese are banned.

Shimomura also said he would check whether private education firms from which he had received funds were themselves given government subsidies during the year prior to making the donations.

Farm Minister Koya Nishikawa quit on Monday amid questions over his political fundraising. Two ministers, including the trade minister, quit over similar scandals shortly after Abe reshuffled his cabinet last year.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.