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The government sold land in Osaka to school operator Moritomo Gakuen for a highly discounted price based on faulty data estimating the cost of removing industrial waste left in the plot, a government watchdog on spending concluded in a much-awaited report released Wednesday.

The conclusion by the Board of Audit is likely to give further ammunition to opposition lawmakers who suspect the Finance Ministry gave a massive 86 percent discount in the ¥134 million land sale because the school operator once had close ties with Akie Abe, the wife of Prime Minister Shinzo Abe.

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