Chubu Electric Chairman Katsuno May Resign over Data Fraud
Nagoya, Sept. 12 (Jiji Press)--Chubu Electric Power Co. Chairman Satoru Katsuno is considering how to take responsibility for an earthquake risk data fraud scandal involving its Hamaoka nuclear power plant in central Japan, including the possibility of resigning, informed sources have said. Chubu Electric is suspected of cherry-picking earthquake vibration data during regulatory screening fo...
Chubu Electric Power Co. Chairman Satoru Katsuno is contemplating his future following a scandal surrounding data fraud at the Hamaoka nuclear power plant, according to informed sources. The alleged misconduct involves the company's manipulation of earthquake vibration data during regulatory screenings for restarting reactors No. 3 and No. 4 at the Hamaoka plant in Shizuoka Prefecture.
This alleged wrongdoing is believed to have taken place since at least 2012, which has led some to argue that Katsuno, who assumed the role of chairman in 2015, should bear responsibility for his actions.
The Hamaoka plant has been embroiled in a series of scandals, including improper billing practices for decommissioning the No. 1 and No. 2 reactors at the site, as well as overcharging customers for electricity. Industry officials have expressed criticism towards Katsuno, with some suggesting that it is highly unlikely for him to retain his position. There is a growing consensus that Katsuno's tenure as chairman may be limited, with many speculating that he may resign in the near future.
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