23 Jul '11, 8am

Utility executives big political donors in Japan (via ST iPhone App)

Utility executives big political donors in Japan (via ST iPhone App)

Among the donors were executives with Tokyo Electric Power (Tepco), which operates the radiation-spewing reactors at Fukushima Dai-ichi nuclear plant. -- PHOTO: REUTERS TOKYO - JAPANESE utility company executives were by far the biggest individual donors to Japan's former ruling party during its last year in power, accounting for a whopping 72 per cent of personal contributions, a news report said. While the donations amounted to only a small fraction of the Liberal Democratic Party's operations fund, the revelation is likely to add to questions surrounding connections between power companies and politicians amid the nuclear disaster in north-eastern Japan set off by the March 11 earthquake and tsunami. Executives from nine utility companies contributed 47 million yen (S$723,192) to the Liberal Democratic Party in 2009, Kyodo News agency reported. That's nearly three quart...

Full article: http://www.straitstimes.com/BreakingNews/Asia/Story/STISt...

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