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Political Funds Scandal: Prime Minister Fumio Kishida’s Budget Committee Testimony

by Alexandra Hartman Editor-in-Chief

2024-01-29 11:54:19

Prime Minister Fumio Kishida listens to a question from Kensuke Onishi of the Constitutional Democratic Party of Japan at the House of Representatives Budget Committee, inside the Diet, January 29, 2024, 9:35 a.m. (Photo by Miki Takeuchi)

During the House of Representatives Budget Committee’s intensive deliberation on the issue of political funds on the 29th, Prime Minister Fumio Kishida’s responses to the revision of the Political Funds Regulation Act were conspicuously “half-baked” and lacked specificity, such as repeating that he would “sincerely discuss it.” The opposition parties stepped up their offensive, pressing the prime minister to reveal the full details of the scandal involving political party funds affiliated with the Liberal Democratic Party faction. (Part 3 of 3)

Prime Minister gives “half-baked” answers with little specificity, calls for “sincere discussion” over law revisions
“We can’t prevent it from happening once more without clarifying the whole story.” Opposition parties step up offensive, demanding investigation of all members
Experts say that the return of funds should not be called political funds, but should be taxed.

“Funds that were originally received as personal money can be corrected to indicate that they were received by a political organization at the time, thereby avoiding tax liability. The correction of income and expenditure reports has raised suspicions that Liberal Democratic Party politicians are attempting to evade taxes. be”

At the Budget Committee on the 29th, Constitutional Democratic Party member Yuki Konishi stated that illegal donations from factions to individual politicians will be subject to income tax law.

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