Kansai Electric top executives received payoffs from local official

See latest update:Kansai Electric top executives received payoffs from local officialKansai Electric Power Co.'s top executives received payoffs totaling 180 million yen ($1.7 million) from a former deputy mayor of a central Japan town hosting the company's nuclear power plant, sources close to the matter said.The tax authorities' investigation found that the power company's Chairman Makoto Yagi, 69, President Shigeki Iwane, 66, and four other company officials received the money over a period of seven years through 2017 from the late deputy mayor of Takahama town, the sources said.Kansai E…READ FULL ARTICLE