Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Japan PM backs under-fire minister amid reports of cabinet shake-up

Published 12/11/2023, 08:42 PM
Updated 12/12/2023, 03:55 AM
© Reuters. FILE PHOTO: Japan's new Chief of Cabinet Secretary Matsuno Hirokazu announces new cabinet members at a news conference in Tokyo, Japan October 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo

By John Geddie

TOKYO (Reuters) -A top Japanese minister embroiled in allegations of missing funds survived a no-confidence motion on Tuesday with embattled premier Fumio Kishida saying he wanted his cabinet chief to stay on despite reports he may be axed in an imminent reshuffle.

The motion against Hirokazu Matsuno, a powerful figure who coordinates policy across government on Kishida's behalf, brought by the main opposition party was comprehensively voted down by 278 members to 166.

After the vote, Kishida - who has seen his public ratings slide to new lows over the allegations that some lawmakers in his ruling party received thousands of dollars in unreported funds - said he wanted Matsuno to continue in his job.

Local media had reported Matsuno was among four cabinet ministers that could be replaced as soon as Wednesday.

Matsuno said on Tuesday he would "take appropriate action" regarding the allegations and wanted to continue to fulfil his duties with "a sense of urgency".

The probe by Tokyo prosecutors centres around the LDP's biggest and most powerful Seiwa-kai faction, formerly led by late prime minister Shinzo Abe and often still referred to as the Abe faction, according to media reports.

They are alleged to have hidden hundreds of millions of yen of political funds over five years in a scheme that saw some lawmakers receiving "kickbacks" from ticket sales to party events that were kept off the books.

Matsuno and the other ministers that media reported could be replaced all hail from that faction.

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

But in another potential blow for Kishida, a report by NHK on Tuesday said prosecutors were also examining whether his former faction - which he headed until last week - has also under-reported fundraising income.

Asked about the report on Tuesday, Kishida said he had instructed staff to look into any discrepancies and take "appropriate action" as needed.

He had previously said he had not heard about any kickbacks within his faction, from which he withdrew last week in an effort to take a more neutral stance on the escalating scandal.

Political analysts say this could further knock public support for Kishida's administration, which polls show has slumped to a record low of around 23% in recent days, the lowest since he came to office in late 2021.

Support for Kishida's ruling Liberal Democratic Party (LDP) has also fallen below 30% for the first time since 2012, when it returned to power after a blip in its near total post-war dominance of Japanese politics, an NHK survey on Tuesday showed.

Kishida does not need to call an election until October 2025 at the latest, and a fractured and weak opposition has historically struggled to make sustained inroads into the LDP's dominance.

The LDP is due to hold leadership elections in September, but analysts say it remains to be seen how long Kishida can hold on to his post.

"Kishida will remain in power for now as there are no obvious other candidates for the next president, but if a strong contender emerges, there may be a move to drop Kishida," said Yu Uchiyama, a professor of political science at the University of Tokyo.

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

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.