Toshio Yamauchi, a former member of the House of Councilors who retired from politics 11 years ago, was arrested for privately diverting the funds of a limited liability company related to him, about 100 million yen. According to an interview with an investigative official, it was suspected that he had offered to buy and sell real estate and had the limited liability company fund it.
The Metropolitan Police Department is investigating the details of the situation, assuming that it has diverted a part of the funds.
Toshio Yamauchi (74), a former member of the House of Councilors and a corporate officer, said on the 28th that he personally diverted about 100 million yen from the Haneda Airport Hangar, a limited liability company in Shibuya Ward, Tokyo, in 2019. He was arrested on suspicion of business misappropriation.
The Metropolitan Police Department has not disclosed the approval or disapproval.
The limited liability company was established three years ago and purchased a hangar at Haneda Airport for 2.8 billion yen, but prior to that, a former member of the Diet bought and sold it to a real estate company in Kagawa prefecture, saying that it could be resold for 5 to 6 billion yen. According to an interview with an investigative official, it was found that there was a suspicion that the limited liability company was being funded.
It is believed that part of the funds provided at that time was diverted to purchase land in Kagawa Prefecture and elsewhere.
The limited liability company purchased the hangar from the previous owner, but the Metropolitan Police Department is investigating the details of the fact that the hangar has become unusable due to the inability to pay to the country that owns the land.