Kansai Electric’s chairman to resign over graft scandal


NHK said Kansai Electric’s board approved the resignation of chairman Makoto Yagi (pic) at a meeting yesterday.

TOKYO: Kansai Electric Power Co Inc’s chairman will resign to take responsibility for a graft scandal that has rocked public trust in Japan’s second-largest utility, public broadcaster NHK reported, in a reversal of his stated intention to stay on.

NHK said Kansai Electric’s board approved the resignation of chairman Makoto Yagi (pic) at a meeting yesterday.

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