Kansai Electric admits nuclear execs' acceptance of massive gifts

Kansai Electric Power Co. said Wednesday two executives who were responsible for its nuclear business both received more than 100 million yen ($929,000) as gifts from a former official of a town hosting one of its nuclear plants, as the utility disclosed additional information on the money scandal involving more than a dozen officials.The disclosure has re-exposed the collusive ties between Japan's nuclear industry and government officials. Of the 318.45 million yen worth of gifts 20 people at Kansai Electric received, the largest amount of 123.67 million yen went to managing executive offi…READ FULL ARTICLE