Japan nuclear executive quits over improper gifts

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A top executive of major Japanese nuclear operator resigned after conceding him and other officials had received goods and money from a former deputy mayor whose town hosts the company’s nuclear power plant.

Kansai Electric Power Chairman said on Wednesday that Makoto Yagi stepped down after operator acknowledged that its 20 executives, employees, including Yagi, received cash and items worth about 320 million yen (3 million dollars) from the official.

According to the chairman, the cash and items were received in the town of Takahama, which is the home to the utility’s Takahama Nuclear Power Station. The company said President Shigeki Iwane will also resign when a third-party panel looking into the scandal releases a report. 




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