LDP panel to seek faction disbandment in event of funds law violation

A reform panel of Japan's ruling Liberal Democratic Party will propose introducing a system enabling the party to request a faction to disband if found violating the political funds control law, sources close to the matter said Monday.In its interim report, expected to be released later this week, the panel will also recommend that the party toughen its penalties on lawmakers in the event of arrest or indictment for violating the same law, according to the sources.Under the new system, offenders of the law would face party punishment even when their accountants are arrested or indicted, the…READ FULL ARTICLE