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Fukushima nuke plant operator ex-bosses ordered to pay US$95 bil: media

Tokyo court orders four former Tepco executives to pay damages in suit brought by shareholders

Updated 1 year ago · Published on 13 Jul 2022 3:12PM

Fukushima nuke plant operator ex-bosses ordered to pay US$95 bil: media
The Fukushima Daiichi accident was the worst nuclear disaster since Chernobyl and prompted the declaration of an evacuation zone around the plant. – AFP pic, July 13, 2022

TOKYO – A Tokyo court today ordered former executives from the operator of the Fukushima nuclear plant involved in the 2011 disaster to pay around 13 trillion yen (US$94.8 billion, RM420 billion) in damages, local media said.

Four ex-bosses of Tokyo Electric Power Company (Tepco) were ordered to pay the damages in a suit brought by shareholders over the nuclear disaster triggered by a massive tsunami.

Three of the Fukushima Daiichi nuclear plant’s six reactors were operating when a massive undersea quake triggered a devastating tsunami on March 11, 2011.

They went into meltdown after their cooling systems failed when waves flooded backup generators.

The accident was the worst nuclear disaster since Chernobyl and prompted the declaration of an evacuation zone around the plant.

Around 12% of the Fukushima region was once declared unsafe but no-go zones now cover around 2%, although populations in many towns remain far lower than before.

Tepco has been pursued in the courts by survivors of the disaster as well as shareholders.

It is currently engaged in a decades-long effort to decommission the plant, a costly and difficult process.

The tsunami that set off the disaster left 18,500 people dead or missing. – AFP, July 13, 2022

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