Japan's econ minister Amari steps down amidst bribery scandal

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 28, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - Japan’s Economy minister, Amari today said that he will step down from his position following a scandal over alleged bribery accusations. He admitted in a press conference that he did accept money. However, he stressed that he dealt with it “according to the rules.”

    Amari came under fire when a media report stated that he and his aides accepted money from a construction company and in return helped the company to receive compensation for disputes over land ownership as well as waste removal at a public works site.

    Amari had said last week that he did nothing illegal and acted only upon Abe’s direction to fulfil his duty as minister. Following the row opposition parties had stepped up calls for him to resign.
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