Kansai Electric Power Co. said Saturday it had named a new president following a scandal in which company executives received cash and gifts from a former deputy mayor of a town hosting one of its nuclear plants.

Executive Vice President Takashi Morimoto, 64, has been promoted and will replace Shigeki Iwane, 66, who has stepped down to take responsibility for the scandal, which exposed shady ties between Japan's nuclear industry and local public officials.

The leadership shuffle came as Kansai Electric's third-party panel said in its final report that company executives received from Eiji Moriyama, the late deputy mayor of Takahama town in central Japan a total of some 360 million yen ($3.3 million) in cash and gifts, a tally higher than the 320 million yen reported in an in-house investigation in 2018.

The report said 75 people received the gifts from Moriyama in a practice that started directly after he retired as deputy mayor in 1987. The previous in-house report said 20 people including Iwane received the gifts in forms such as cash and gold coins.

The panel, launched in October last year, handed the final report to Kansai Electric on Saturday, after interviewing executives and other employees at the Osaka-based utility, both current and former.

Kansai Electric Chairman Makoto Yagi stepped down in October to take responsibility for the scandal. Iwane has said he would resign on the day of the panel's report.

The new president Morimoto has served as an executive vice president of the company since June 2016. He has recently handled human resources, safety management and other affairs.

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