Japanese opposition leader Ichiro Ozawa resigned on Monday in a move that is likely to improve his party's prospects in a looming election, after a fundraising scandal dampened its hopes for victory. A political stalemate and voter frustrations with Prime Minister Taro Aso had raised the chances Ozawa would lead his Democratic Party to victory in an election that must be held by October, ending more than 50 years of nearly unbroken rule by Aso's Liberal Democratic Party (LDP).
"I have decided to sacrifice myself and resign as party leader to strengthen the unity of the party towards a clear victory in the next election and achieve a change in government," Ozawa told a news conference.
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