This article is from the source 'nytimes' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at http://www.nytimes.com/2014/10/25/world/asia/new-japan-trade-minister-brings-fresh-crises-for-shinzo-abe.html

The article has changed 5 times. There is an RSS feed of changes available.

Version 0 Version 1
New Japanese Trade Minister Brings Fresh Crises for Abe New Japanese Trade Minister Brings Fresh Crisis for Abe
(about 4 hours later)
TOKYO — The government of Prime Minister Shinzo Abe of Japan faced new political crises on Friday amid revelations that his freshly appointed trade minister owns stock in a power company and that the minister’s aide had visited a sex club, then reported the visit as a political expense. TOKYO — The government of Prime Minister Shinzo Abe faced a new political crisis on Friday amid revelations that his recently appointed trade minister owns stock in the company whose cleanup of the devastated Fukushima nuclear plant he would oversee.
The aide’s trip to a sadomasochism club, which occurred four years ago, has helped feed growing calls for the resignation of the trade minister, Yoichi Miyazawa, just days after his predecessor and another cabinet minister stepped down because of their own political financing scandals. Another resignation could be a crippling blow to the Abe government, conjuring up memories of Mr. Abe’s first term as prime minister seven years ago, when he had to resign following a series of scandals in his cabinet. The cleanup by Tokyo Electric Power Company, which ran the plant when it suffered a triple meltdown, has already been plagued by problems, including the leaking into the sea of tons of radioactive water.
On Friday, opposition lawmakers homed in on the potentially damaging revelation that Mr. Miyazawa owns stock in Tokyo Electric Power Company, operator of the devastated Fukushima Daiichi nuclear plant. As trade minister, Mr. Miyazawa is in charge of national energy policy, including Japan’s now idled nuclear power industry. Opposition leaders vowed to investigate his ownership of shares in a company that his ministry oversees, calling it a conflict of interest. The news about the minister’s stock ownership, first reported in local news media, came soon after revelations that the minister’s aide had visited a club featuring sadomasochistic performances, then reported the visit as a political expense.
They seized on the problems to criticize the governing Liberal Democratic Party, which so far has enjoyed high public support on the basis of Mr. Abe’s economic policies to revive growth. Taken together, the revelations have prompted growing calls for the resignation of the trade minister, Yoichi Miyazawa, just days after his predecessor and another cabinet minister stepped down because of financing scandals. Another resignation could be a crippling blow to the government of Mr. Abe, whose first term as prime minister ended seven years ago after a series of scandals in his cabinet.
“Why couldn’t the governing party do a better job of vetting the cabinet members?” said Tatsuo Kawabata of the opposition Democratic Party, adding that Mr. Miyazawa should have at least sold the stock before taking office. In a hastily called news conference, Mr. Miyazawa, who is also a lawmaker, said his ownership of 600 shares, worth about $2,000, in Tokyo Electric “won’t affect my decision making,” according to local news media.
In a hastily called news conference, Mr. Miyazawa said his ownership of about $2,000 worth of shares in the company, also known as Tepco, “won’t affect my decision making.” “Honestly, I thought it was my duty as a politician to possess them,” Mr. Miyazawa said, according to Kyodo News, saying that ownership of the shares had allowed him to keep an eye on the company’s efforts to clean up after the 2011 nuclear accident.
“Honestly, I thought it was my duty as a politician to possess them,” Mr. Miyazawa told reporters, saying that ownership of the shares allowed him to keep an eye on the company’s efforts to clean up after the 2011 nuclear accident. As trade minister, Mr. Miyazawa chairs the committee that oversees the complicated cleanup of the site, which was covered in radioactive material after the meltdowns. The disaster, which happened before Mr. Abe’s second term, has been blamed in part on a cozy relationship between the government and the nuclear industry that led to lax regulation and oversight.
Members of the Abe government have so far dismissed the possibility of Mr. Miyazawa’s resignation, trying to weather yet another scandal at a time when the economic recovery has begun to show signs of faltering. Mr. Abe’s government is still reeling from the back-to-back resignations on Monday of the two cabinet ministers, a double blow that presented the popular prime minister with his first big political crisis. Members of the Abe government have so far dismissed the possibility of Mr. Miyazawa’s resignation, in an attempt to weather yet another scandal at a time when the economic recovery Mr. Abe has led is showing some signs of faltering. Mr. Abe’s government is still reeling from the back-to-back resignations on Monday of the two cabinet ministers, a double blow that presented the prime minister with the first big political crisis of his current term.
The problems with the new trade minister began on Thursday, when news reports appeared that a visit to an S-and-M club had been included in a list of political expenses filed to Mr. Miyazawa’s office. Later on Thursday, Mr. Miyazawa acknowledged that an aide had been reimbursed 18,230 yen, or about $170, for a visit four years ago to a bar in Hiroshima called Mazan that features sadomasochistic performances. On Friday, opposition lawmakers vowed to press for more details about Mr. Miyazawa’s ownership of shares in Tokyo Electric calling it a conflict of interest.
They seized on the problems to criticize the governing Liberal Democratic Party, which so far has enjoyed strong public support on the basis of Mr. Abe’s economic policies to revive growth.
“Why couldn’t the governing party do a better job of vetting the cabinet members?” said Tatsuo Kawabata of the opposition Democratic Party, adding that Mr. Miyazawa should at least have sold the stock before becoming minister.
The problems with the new trade minister began on Thursday, when news reports claimed that the aide’s visit to an S-and-M club had been included in a list of political expenses filed to Mr. Miyazawa’s office. Later on Thursday, Mr. Miyazawa acknowledged that the aide had been reimbursed 18,230 yen, or about $170, for the visit four years ago to Mazan, a bar in Hiroshima.
Mr. Miyazawa said he had no knowledge of the visit, and had never been to the bar himself.Mr. Miyazawa said he had no knowledge of the visit, and had never been to the bar himself.
“I have no interest in such things,” he said. He said he had ordered the aide to repay the money to his office, and to delete the charge from the expense report.“I have no interest in such things,” he said. He said he had ordered the aide to repay the money to his office, and to delete the charge from the expense report.