Tepco Apologizes, Vows to Compensate Victims

For more news visit ☛ http://english.ntdtv.com
Follow us on Twitter ☛ http://twitter.com/NTDTelevision
Add us on Facebook ☛ http://facebook.com/NTDTelevision

The president of the Tokyo Electric Power Co says the company has begun preparing plans to compensate people affected by the nuclear power station crisis. However, he would not comment on whether he would resign as president.

The operator of Japan's tsunami-damaged nuclear plant, Tokyo Electric Power Co, has begun preparing plans to compensate those affected by the nuclear crisis.

[Masataka Shimizu, TEPCO President]:
"I would like to offer my heartfelt apologies to all for having so widely troubled people. I would like to deal honestly, in consultations with the government and according to the Atomic Energy Damage Compensation Law, with the various nuclear radiation damage caused by the recent disaster."

Shimizu said that he could not comment on whether he would resign as president:

A draft plan outlining a compensation scheme for the Fukushima Daiichi nuclear plant accident calls for capping TEPCO's liability at between 2 to 3.8 trillion yen ($24-45 billion), local media reported on Wednesday.

Shimizu says TEPCO is in the final stages of concluding the detailed strategy plan.

At the government's news conference in Tokyo on Wednesday, TEPCO's management came under further attack after journalists questioned the company's decision to hire Toru Ishida, a former Ministry of Economy, Trade and Industry official, in January this year.

Retired high ranking government officials getting cushy executive posts in private firms which they used to do business with is seen as a hotbed for corruption in Japan.

Chief Cabinet Secretary Yukio Edano told journalists that while it was not illegal, it was an issue the government would examine further.

Category:

News & Politics

Tags:

• NTD
• NTDTV
• Asia
• Brief
• video
• Tokyo
• Electric
• Power
• nuclear
• power
• station
• crisis
• resign
• president
• Masataka
• Shimizu
• Compensation
• radiation
• disaster
• Toru
• Ishida
• Yukio
• Edano

[1eyednewt]

I'll expect the sameway the people in the Gulf of Mexico was compensated! I'm sure Barry will put his high heeled booty to the throat of GE as well!