Prime Minister Shinzo Abe said Tuesday the ruling Liberal Democratic Party will not accept political donations from major banks, whose plans to resume contributions have drawn heavy criticism.

"I have judged as the prime minister that the LDP accepting political contributions from the major banks would not be tolerated by the public," Abe said at a news conference after his government's first Diet session ended.

Abe said he has instructed LDP Secretary General Hidenao Nakagawa to turn down money from banks.