Japan ex-PM Shinzo Abe's office investigated over funding scandal

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. TOKYO: Former Japanese Prime Minister Shinzo Abe acknowledged Tuesday his office is being investigated for questionable expenses linked to a dinner party his office hosted for his supporters ahead of an annual cherry blossom viewing party — a scandal that has been on the backburner for months.Abe made the comment in response to reports Monday that the Tokyo District Public Prosecutors' Office has been interviewing his aides over the scandal. None of his aides or supporters have been arrested so far.Abe, who was in power for nearly eight years as Japan's longest-serving leader, stepped down in mid-September, citing ill health, but some critics have said the scandal might have been a reason. His successor as prime minister, Yoshihide Suga, who served as chief Cabinet secretary in Abe's government, scrapped the cherry blossom viewing party the day he took office.The scandal involves a 2018 annual dinner party for which Abe's guests paid a 5,000 yen ($48) fee. Opposition lawmakers have said that the fee was too low for a party at an upscale Tokyo hotel, and that Abe's office allegedly covered the difference without reporting it properly.“My office is fully cooperating with the investigation launched in response to a criminal complaint,” To keep reading about Japan ex-PM Shinzo Abe's office investigated over funding scandal, Click on the link. Seoul, Korea
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