TOKYO (AP) -
The Tokyo governor who helped his city secure the 2020 Olympics is resigning after revelations that he received 50 million yen ($480,200) from a hospital company.
Gov. Naoki Inose had come under growing pressure to step down. Japanese ruling party leaders said the continuing scandal could affect preparations for the summer games.
Inose announced his resignation at a news conference broadcast live Thursday morning on Japanese television. He apologized to the people of Tokyo and said he shouldn't be delaying government operations or stalling preparations for the Olympics. He told reporters he decided "the only solution is for me to step down as governor."
Inose says the money he received in November 2012 from Tokushukai company was a personal loan. The Tokyo assembly has set up a committee to investigate.