Japan's Economy and Fiscal Policy Minister Akira Amari resigns

Market news

28 January 2016

Japan's Economy and Fiscal Policy Minister Akira Amari resigns

Japan's Economy and Fiscal Policy Minister Akira Amari resigned amid corruption allegations on Thursday. He denied that he received bribes from a construction company.

Amari was the architect of "Abenomics" and Japan's lead negotiator for the Trans Pacific Partnership (TPP) trade deal.

Amari will be replaced by Nobuteru Ishihara, former environment minister.

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