The Diet passed a revised law proposed by the ruling Liberal Democratic Party to reform political funding rules, amidst criticism from opposition parties. The amended law aims to address issues of money in politics following a recent slush funds scandal that has tarnished public trust. However, the move may affect Prime Minister Fumio Kishida’s position within the party.
The Japan Innovation Party initially supported the bill but later voted against it, claiming that the LDP did not fully incorporate agreed-upon measures. Opposition parties, including the Constitutional Democratic Party of Japan, are pushing for more drastic changes and a potential no-confidence motion against Kishida’s cabinet.
Despite facing internal discord and pressure for stricter regulations, Kishida emphasized the importance of transparency in political fundraising. The revised law aims to enhance accountability and restore public trust in politics. However, critics argue that loopholes still exist, allowing politicians to generate slush funds.
The new law will take effect in January 2027 and includes measures to disclose policy activity funds. However, it does not address the issue of corporate donations to political parties. The ongoing debate highlights the challenges of regulating political funding and maintaining integrity in Japan’s political landscape.
© KYODO