Discussion on Political Donation Restarted
The Liberal Democratic Party (LDP), Komeito and the Constitutional Democratic Party of Japan (CDPJ) embarked on discussion for further regulation of political funds including donation from companies and organizations on September 25 th . Although it is scheduled that Prime Minister Shigeru Ishiba is going to leave his office in mid-October, the LDP promised that the issue would be succeeded by next LDP president. Discussion over regulation of donation from companies and organizations has a long history. It was the time of Morihiro Hosokawa administration when the leading coalition by eight parties, including Japan New Party, Japan Socialist Party or Japan Renewal Party, and the LDP agreed on abolishment of donation from companies and organizations to a politician and a political party, on which the LDP was heavily relying. However, the agreement had five-year moratorium to mitigate the impact of prohibiting donation to parties. As five years passed, the LDP regained leadin...