Economics
Japan’s Finance Minister Under Fire as Abe School Scandal Deepens
- LDP lawmaker says ministry admits documents were altered
- Opposition lawmakers calling on Aso to take responsibility
Japan Finance Minister Refuses to Quit as School Scandal Deepens
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Japanese Finance Minister Taro Aso is coming under pressure to resign as a scandal over alleged favors to a school with connections to Japanese Prime Minister Shinzo Abe deepened.
Hiroshi Moriyama, a lawmaker in Abe’s ruling Liberal Democratic Party, said Monday he received a report from the Finance Ministry admitting that documents on the sale of public land to the school were altered. The yen strengthened and stocks gave up some of their gains on concern that the scandal could derail Abe’s economic stimulus program.