Japan Utility Paying $1B to Nuke Plant Evacuees

Ad Feedback

The owner of the Japan's tsunami-damaged nuclear power plant announced Wednesday it will pay an estimated $1 billion in compensation to nearby residents.
    
Thousands of people who lived around the Fukishima Dai-ichi plant were forced to evacuate their homes after the March 11 earthquake and subsequent tsunami.
    
Tokyo Electric Power Company will distribute the money to the roughly 150,000 residents, who don't know yet when they'll be allowed to return to their homes.

Wednesday's estimate is in addition to 50 billion yen paid in preliminary compensation to 50,000 households in late May, the Associated Press reported.
   
Last week, Japan's cabinet approved a bill to help TEPCO meet the massive compensatory costs.

Log in or create an account to post a comment.  

CBN IS HERE FOR YOU!

Are you seeking answers in life? Are you hurting? Are you facing a difficult situation?

Find peace with God, discover more about God or send us your prayer request.

Call The 700 Club Prayer Center at 1 (800) 823-6053, 24 hours a day.

A caring friend will be there to pray with you in your time of need.

CBNNews.com

CBNNews.com

CBN News is a national/international, nonprofit news organization that provides programming by cable, satellite, and the Internet, 24-hours a day. Follow us on Facebook, Twitter, and Google+.