• Kyodo News


Democratic Party of Japan Secretary General Ichiro Ozawa is under a new cloud of scandal over his fund management body’s 2004 purchase of Tokyo land using more than ¥400 million that initially went unreported and was involved in shady, rather quick transfers, sources said.

Initially held as cash, the money was transferred to several bank accounts of Ozawa-linked political organizations, then later quickly moved to his fund management body, Rikuzankai, the sources said.

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