JAPAN: ‘ Taxpayers pay increased #Fukushima compensation bill though #TEPCO profits rise ‘

#AceFinanceNews – JAPAN:July.29: Japan on Tuesday approved an increase in compensation payments for the Fukushima disaster to 7.07 trillion yen ($57.18 billion), Reuters said.

Tokyo Electric Power Co (Tepco), the operator of the wrecked Fukushima Daiichi nuclear station, will receive 950 billion yen more in public funds, on top of the 6.125 trillion yen agreed earlier, according to the utility and the government.

The increase was agreed after a request by Tepco, and it adds to the bill for taxpayers for the disaster in March 2011.

Tens of thousands of evacuees still remain in temporary housing.


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