January 31, 2025
Court Nixes Finance Ministry Decision against Disclosure #JapanFinance

Court Nixes Finance Ministry Decision against Disclosure #JapanFinance

Financial Insights That Matter

Society

Osaka, Jan. 30 (Jiji Press)–Osaka High Court on Thursday revoked the Finance Ministry’s decision not to disclose documents related to a document-tampering scandal that led to the suicide of a ministry official.

Presiding Judge Kenji Maki overturned an Osaka District Court ruling that dismissed a petition by Masako Akagi, the widow of the late ministry official, Toshio, to nullify the ministry decision.

Akagi argued that it was illegal for the ministry not to disclose administrative documents it had voluntarily submitted to prosecutors regarding the scandal related to the discount sale of state land to school operator Moritomo Gakuen, once linked to Akie Abe, the widow of the late former Prime Minister Shinzo Abe.

The ministry decided the nondisclosure policy even without clarifying whether such documents existed, saying that public disclosure would impede investigations. The district court found the decision legal.

Osaka High Court said that “it cannot be said that making information (about the documents) public could have hampered investigations into this case,” noting that the petition was filed in August 2021 after the probes concluded in August 2019.

[Copyright The Jiji Press, Ltd.]

Jii Press

#1a73e8;">Boost Your Financial Knowledge and Achieve Stability

Discover a growing online community dedicated to delivering financial news, tips, and strategies designed to help you manage money effectively, save smarter, and grow your investments with confidence.

#1a73e8;">Top Financial Tips for Saving and Investing

  • Personal Finance Management: Master the art of budgeting, expense tracking, and building a strong financial foundation.
  • Investment Opportunities: Stay updated on market trends, learn about stocks, and explore secure ways to grow your wealth.
  • Expert Money-Saving Advice: Access proven techniques to reduce expenses and maximize your financial potential.

Leave a Reply

Your email address will not be published. Required fields are marked *