Japan govt OKs $11.5 bln aid for TEPCO
Tokyo - AFP
Japan's government on Friday agreed to give the operator of the stricken Fukushima nuclear power plant $11.5 billion in aid to help it pay compensation to those affected by the disaster. "On Friday, Economy, Trade and Industry Minister Yukio Edano approved an emergency business plan for TEPCO's restructuring programme," Jiji press reported. "It is officially decided to inject some 900 billion yen in public funds into TEPCO so that it can smoothly and promptly carry out its payment of compensation to victims of the accident."
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