Source:
Talking Points MemoJapan finance chief quits over alleged drunkenness
Japanese finance minister's resignation over drinking scandal shakes government
MARI YAMAGUCHI
AP News
Feb 17, 2009 07:55 EST
Japan's finance minister abruptly resigned Tuesday over allegations he made a drunken appearance at a G-7 news conference, shaking Prime Minister Taro Aso's already deeply unpopular government.
The resignation was a huge embarrassment for Aso — who has been in office only since late September — and a blow to Japan's efforts to deal with an economy that shrank at its fastest rate in 35 years in the fourth quarter and shows no signs of reversing course anytime soon.
Finance Minister Shoichi Nakagawa, who has denied being drunk, offered his resignation late Tuesday after earlier in the day saying he would stay on until after parliament approves the budget for the fiscal year, probably in late April.
"I have resigned," said Nakagawa, one of the most prominent members of Aso's Cabinet. "I decided that it would be better for the country if I quit."
Read more:
http://www.talkingpointsmemo.com/news/2009/02/japan_finance_chief_quits_over_alleged_drunkenness.php