A disgraced Japan Highway Public Corp. executive accused of taking 7.2 million yen in bribes from seven financial institutions admitted Tuesday that he was wined and dined by the firms but denied giving them any favors in return.

Takehiko Isaka, 55, former board director in charge of accounting at the highway corporation, is suspected of receiving bribes in the form of wining and dining and golf outings from Nomura Securities Co., Nikko Securities Co., Daiwa Securities Co., Fuji Bank, Sakura Bank, the Long-Term Credit Bank of Japan and the Industrial Bank of Japan.

"I admit the facts in the indictment," Isaka said when he read aloud a statement in his first trial hearing before the Tokyo District Court. "But I have never given preferential treatment to them after being entertained."