AIRLINK 189.36 Increased By ▲ 1.33 (0.71%)
BOP 11.10 Decreased By ▼ -0.76 (-6.41%)
CNERGY 7.28 Decreased By ▼ -0.26 (-3.45%)
FCCL 36.65 Decreased By ▼ -1.14 (-3.02%)
FFL 14.95 Decreased By ▼ -0.29 (-1.9%)
FLYNG 26.19 Increased By ▲ 0.66 (2.59%)
HUBC 130.89 Increased By ▲ 0.74 (0.57%)
HUMNL 13.47 Decreased By ▼ -0.14 (-1.03%)
KEL 4.28 Decreased By ▼ -0.07 (-1.61%)
KOSM 6.08 Decreased By ▼ -0.09 (-1.46%)
MLCF 45.94 Increased By ▲ 0.26 (0.57%)
OGDC 201.86 Decreased By ▼ -4.57 (-2.21%)
PACE 6.12 Decreased By ▼ -0.26 (-4.08%)
PAEL 38.36 Decreased By ▼ -1.95 (-4.84%)
PIAHCLA 16.73 Decreased By ▼ -0.22 (-1.3%)
PIBTL 7.94 Decreased By ▼ -0.09 (-1.12%)
POWER 9.86 Decreased By ▼ -0.17 (-1.69%)
PPL 173.46 Decreased By ▼ -5.38 (-3.01%)
PRL 34.73 Decreased By ▼ -1.63 (-4.48%)
PTC 23.95 Decreased By ▼ -0.44 (-1.8%)
SEARL 101.74 Decreased By ▼ -1.42 (-1.38%)
SILK 1.07 No Change ▼ 0.00 (0%)
SSGC 32.70 Decreased By ▼ -3.54 (-9.77%)
SYM 17.93 Decreased By ▼ -0.30 (-1.65%)
TELE 8.14 Decreased By ▼ -0.24 (-2.86%)
TPLP 12.02 Decreased By ▼ -0.14 (-1.15%)
TRG 67.40 Increased By ▲ 0.07 (0.1%)
WAVESAPP 11.80 Decreased By ▼ -0.21 (-1.75%)
WTL 1.52 Decreased By ▼ -0.05 (-3.18%)
YOUW 3.90 Increased By ▲ 0.01 (0.26%)
BR100 11,819 Decreased By -87.9 (-0.74%)
BR30 35,000 Decreased By -554.1 (-1.56%)
KSE100 112,085 Decreased By -478.8 (-0.43%)
KSE30 34,946 Decreased By -148 (-0.42%)

A Japanese lawmaker was arrested on suspicion of accepting bribes worth tens of thousands of dollars from a company that wanted to build a casino, Tokyo prosecutors said Wednesday. Tsukasa Akimoto, a former member of Prime Minister Shinzo Abe's ruling party, received three million yen in cash in 2017 ($27,400 at the current rate), prosecutors said in a statement without identifying the company.

The arrest could put pressure on the Abe administration, which legalised casinos in 2018 despite bitter opposition.

Akimoto, who denied the allegations in a tweet, was the senior vice minister in charge of overseeing the government's casino policy. Prosecutors alleged he received the money "knowing the company provided it for the purpose of asking for favourable arrangements" for casino projects. Prosecutors also arrested three employees of Chinese betting company 500.com, which allegedly bribed Akimoto, according to public broadcaster NHK.

Akimoto resigned from Abe's Liberal Democratic Party after his arrest.

Prosecutors also alleged he was "invited on a trip to Hokkaido... and received the financial benefits worth around 700,000 yen including airfare and accommodation".

Japan's government has long pushed for the construction of mega resorts that integrate casinos, entertainment venues, restaurants, hotels and conference facilities, similar to Las Vegas.

The policy's supporters argue that casinos will boost the stagnant economy by bringing in tourists and business, similar to regional gambling hubs like Macau. Japan is often viewed as the holy grail of gambling in Asia because of its wealthy population, proximity to the huge Chinese market, and an appetite for other forms of legal gambling such as horse racing and pachinko, a slot machine-style game.

Copyright Agence France-Presse, 2019

Comments

Comments are closed.