Japanese Prime Minister Yukio Hatoyama will resign from his post as prime minister.

Hatoyama announced resignation at a general meeting of lawmakers of the Democratic Party of Japan Wednesday morning. He apologized to the public for having failed to keep his promise to relocate the U.S. Marine Corps Air Station Futenma on the island of Okinawa.

He also said that he is taking responsibility for having violated the political fund law, igniting public distrust in the Democratic Party of Japan. The party had appealed to the public with a pledge to pursue clean politics and to avoid being involved in scandals over slush funds.

The party’s Secretary General Ichiro Ozawa will resign alongside the prime minister, taking responsibility for his own slush fund scandal.

Hatoyama has faced political pressure to resign with his approval ratings falling ahead of an election to pick the members of the Diet next month.

The Japanese prime minister was also suspected of having forged the ledger using the names of the deceased as political contributors between 2004 and 2008. But Japanese prosecutors decided not to indict him late last year.