Australian news, and some related international items

Fukushima nuclear plant directors and auditors resign, moving to other lucrative Tepco jobs

VIDEO :  .    TEPCO directors quit with ‘golden parachute’, Radio Australia  28 June 2012, Directors and auditors at the Japanese operator of the Fukushima nuclear plant have used the company’s annual general meeting to resign. In theory, the TEPCO directors and auditors are doing so to take responsibility for last year’s disaster, but the ABC can confirm nearly half of those who have resigned will take up lucrative posts with other TEPCO group companies.

Some of the executives are also facing the biggest lawsuit in Japanese history – a $67 billion compensation claim from shareholders for what they describe as unforgivable negligence. Outside the company’s meeting on Wednesday, activists – most of them middle-aged women – handed out anti-nuclear leaflets to shareholders making their way in.

Among them was Yui Kimura, who bought TEPCO shares so she could attend and vote at meetings. She is one of 42 shareholders suing 27 company directors for failing to heed repeated warnings about the threat of a giant tsunami.
She is fighting for TEPCO to pay compensation for those affected by the Fukushima nuclear meltdowns.
About 100,000 Fukushima residents still cannot return home……

June 27, 2012 - Posted by | Uncategorized

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