Fukushima disaster TEPCO fat cats waste taxpayers’ money

Dear Kitty. Some blog

TEPCO cartoonFrom daily The Morning Star in Britain:

Japan: Tepco has wasted Fukushima cash

Wednesday 25th March 2015

JAPANESE government auditors said yesterday that Fukushima nuclear plant operator Tokyo Electric Power (Tepco) has wasted more than a third of the 190 billion yen (£1.07bn) of taxpayer money allocated for cleaning up the destroyed plant.

They also said the clean-up work has been dominated by a small group of utility, construction and electronics giants despite repeated calls for competitive bids.

Tepco spokesman Teruaki Kobayashi insisted all the equipment used had contributed to stabilising the plant.

However, the auditors drew attention to expensive failures including a 32 bn yen (£180 million) machine made by French firm Areva to remove radioactive cesium from water leaking from the wrecked reactors.

The machine lasted just three months and treated only a tiny fraction of the volume leaking every day.

They also pointed…

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