Abe apologizes for Olympic stadium fiasco

“I apologize deeply to the people of Japan.”

Geez never knew he had it in him. Here is to hoping it's not a one time thing, he's got a lot to apologize for.

Oh, I wonder how many of his cronies made out like bandits from this fiasco?

He'll say anything to get the ratings up!

The logic of the Yakuza construction company.

Put in a bid at 90 billion yen.

Quickly destroy existing stadium.

Jack the price 2.5 times.

"Shinzo Abe on Monday apologized for squandering billions of yen in public funds on plans for the 2020 Tokyo Olympic stadium."

All is forgiven Abe-san. Now please go away.

I think the best thing for him to do is take the firm up on their offer to help revise the cost. They already spent millions to retain the firm, might as well use them instead of the prospect of paying a band new firm and starting over with the initial costs..

Could they not just start a new tender on the stadium? Or allow contract cancellations if there are cost overruns or something? Something sounds very off here..

sack that old fool Mori, afterall hes directly to blame, nice of him to pin the blame on somebody else, very common in Japan

Hadid’s office denied the high cost of the stadium was due to the design.

For some reason I believe him. Japanese construction costs ALWAYS have huge over runs when it comes to public works projects.

Tokyo 2020 president Yoshiro Mori pointing the finger at the sports ministry,

Problem is he cant have folks looking to closely at him I would bet, so pointing fingers elsewhere might take the heat off his incompetence.

This kind of abuse of the public purse would bring down governments in countries even with poorly functioning democracies.

so even if they save money on building the new stadium, the total cost will probably be the same because they wasted about 6.2 billion yen. i wonder if there would have been an uproar if the original architects were japanese?

Moderator: Please repost without the last sentence which is inflammatory and irrelevant.

And all it took was his popularity ratings to slip a few more points before he could bring himself to do so... and then still promise to waste all our money.

Before Hadid revealed its Jisshi Sekkei that enables bidding giants construction companies to budget. Taisei and Takenasa were already chosen. Then they waited condtruction bidding ignorants will blame chimoiras ninsoku using dnoku business that has nothing to do with this kind of construction. It worked. Taisei and Takenaka are not blamed. Let ignorant blame yaku Abe had to come out. Does he have plan to use Mitsui Group now?

apologized for squandering billions of yen in public funds

So what's new?

Government in Japan has racked up 1,080 TRILLION yen of public debt, why is he apologising for a few billion of that in particular?

Rumor is that Japan will cash some of US Bonds holding to finance and there are Japan Inc that want to guarantee their adx in stadium. It does not need to raise tax. it has so much money that it is going to loan Phillipin 2.3 billian loanadvancing. It is even going to lend money for Sumatra railroad plan. So, this is a drio un bucket. In he bad csse, Japan is not hping yo pay US miliyary this yearas 3 billion dikkars omoiyari fundJust rumor

sack that old fool Mori, afterall hes directly to blame, nice of him to pin the blame on somebody else, very common in Japan...

Millions would agree!