Tepco makes first compensation payments

Discussion in 'The Water Cooler' started by whoosh, Apr 5, 2011.

  1. whoosh

    whoosh Cooler King
    Staff Member Premium Supporter

    Apr 15, 2009
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    Tokyo Electric Power, operator of Fukushima Daiichi nuclear station, has made its first financial payments to towns around the damaged plant, though the disbursements – Y20m ($237,000) each to 10 municipalities – amount to only fraction of its expected liabilities.

    Tepco, on Tuesday, described the payments as “mimaikin” – customary offerings to people in need – separate from legal obligations such as fines or awards of damages. The payments went to towns and villages close to the plant whose residents have been forced to evacuate as a result of the crisis.
    http://www.ft.com/cms/s/0/5c6326a0-5f6a ... z1If1erEpw

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