LDP proposes forfeiting unreported political funds in reform plan

Japan's ruling Liberal Democratic Party on Tuesday compiled draft proposals on political funds reform in the wake of a recent slush money scandal, centering on forfeiting deliberately unreported income for submission to the national coffers.The LDP, led by Prime Minister Fumio Kishida, also proposed obliging lawmakers to issue certificates when submitting their political funds reports and that neglecting to sufficiently check the documents could result in punishments, according to the reform plan.The ruling party is expected to exchange views on the proposals with the Komeito party, its jun…READ FULL ARTICLE