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.

Rikuzankai listed funds used to purchase 476 sq. meters of land in Setagaya Ward worth about ¥340 million in its 2005 political funds report, although the land was actually bought in October 2004.