Japan Govt Wastes 115.6 B. Yen in Tax Money in FY 2017

Politics Society

Tokyo, Nov. 9 (Jiji Press)--The amount of improperly used and uncollected tax money totaled 115.6 billion yen in Japan in fiscal 2017 through March, topping 100 billion yen for the first time in two years, the Board of Audit of Japan said Friday.

The sum included the value of government assets that have not been utilized effectively, according to the board.

The number of detected cases fell by 49 from the previous year to 374, the lowest level over the past decade, the board said in a report submitted to Prime Minister Shinzo Abe.

Of the total, 292 cases involved law and ordinance violations, with the affected tax amount reaching 7.5 billion yen.

The Defense Ministry topped the list of government entities in terms of the value of detected cases, at 64 billion yen, followed by 15.2 billion yen by Shoko Chukin Bank, a government lender tainted by a scandal over fraudulent loans, and 11.8 billion yen by the farm ministry.

[Copyright The Jiji Press, Ltd.]

Jiji Press