Thursday, January 28, 2016

Japan’s Minister of Economy resigns under suspicion of violating Law on the Financing – publico

                 

                         
                     

                 

 
 

The minister of Japan’s economy, Akira Amari, one of those responsible for the economic stimulus program to combat deflation (known as “Abenomics”), resigned from office, a week after a Japanese magazine reporting that the ruler will receive a construction company money not declared.

The Japanese press reported that the minister and employees of his office have received money from a Chiba company, Tokyo East.

Akira Amari is considered one of the main supporters of the strategy for economic growth and the development of trade conducted by Prime Minister Shinzo Abe. It is according to financial news agency Bloomberg, the most influential minister to resign since Shinzo Abe returned to power as prime minister in December 2012.

The economy minister was one of those responsible for the negotiations of the Trade Partnership Asia-Pacific (TPP in the English acronym), which brings together 12 countries and brings in this new economic bloc that took five years to negotiate, 40% of exchanges made throughout the planet. Akira Amari was also next to the Prime Minister on the strategy of economic stimulus and combat deflation, led by the prime minister.

The case which came to force the resignation of the minister has to do with a suspected the ruler will have violated the law of political financing. According to the magazine Shukan Bunshun, Amari and elements of his ministerial team will have received at least 12 million yen (about 93,000 euros). The magazine, which claims to have in their possession documents and recordings on the case, writes that the minister will personally received at least one million yen (about 7800 euros).

In Japan, writes AFP, the law of political financing allows companies with profit and without public subsidies to grant donations, but only to the parties and not directly to governments.

“Given my responsibility as a parliamentarian, my duty as minister and my pride as a politician, I renounce my ministerial portfolio as of today, “he announced at a press conference.

” The economy is about to leave a 15 deflation period years. We must adopt a series of laws as quickly as possible to achieve a strong economy, and we must avoid any obstacles [this strategy]. I will not be an exception, “said the outgoing minister.

Akira Amari was Minister of Labour, passed by the Ministry of Economy, Trade and Industry and when, in late 2012, Abe returned to be Prime Minister Amari took over the portfolio of economic revitalization.

When Shinzo Abe served as prime minister in 2006 and 2007, faced other layoffs. The Amari scene output is considered a setback for Abe, who faces elections to the Senate in July.


                     
                 
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