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Japan's opposition head 'to quit' | Japan's opposition head 'to quit' |
(21 minutes later) | |
Japanese opposition leader Ichiro Ozawa has told his party he will resign, according to Japanese media sources. | Japanese opposition leader Ichiro Ozawa has told his party he will resign, according to Japanese media sources. |
Mr Ozawa had been under pressure to go after a close aide was charged in a fundraising scandal in March. | Mr Ozawa had been under pressure to go after a close aide was charged in a fundraising scandal in March. |
Before the scandal broke, Mr Ozawa was thought likely to unseat the flailing prime minister, Taro Aso, in elections later this year. | Before the scandal broke, Mr Ozawa was thought likely to unseat the flailing prime minister, Taro Aso, in elections later this year. |
But recent opinion polls have suggested that his popularity has waned as a result of the scandal. | But recent opinion polls have suggested that his popularity has waned as a result of the scandal. |
Loss of confidence | |
Just a few months ago, Mr Ozawa's Democratic Party was confident of victory in the next general election, which must be called by October. | |
Such a victory would end almost 50 years of unbroken rule by the Liberal Democratic Party (LDP), which is facing huge voter discontent amid the worsening economic gloom. | |
But ever since the funding scandal broke, Mr Ozawa has been under pressure to quit. | |
Tokyo prosecutors allege Mr Ozawa's political funding organisation received 21 million yen ($216,000; £142,000) in illegal donations between 2003-07. | |
One of his senior aides has been charged with political funding law violations, and two company executives have also been arrested. | |
Mr Ozawa is scheduled to hold a news conference later on Monday. |