Ex-TEPCO execs appeal $95 bil. damages ruling over Fukushima crisis

Economy Society

Four former executives of Tokyo Electric Power Company Holdings Inc. on Wednesday appealed a court ruling that ordered them to pay the utility some 13 trillion yen ($95 billion) in damages for failing to prevent the tsunami-induced 2011 crisis at the Fukushima Daiichi nuclear plant, their lawyer said. The July 13 ruling of the Tokyo District Court was the first to find former TEPCO executives liable for compensation after the combined impact of a massive earthquake and tsunami on the plant in northeastern Japan in March 2011 caused one of the worst nuclear disasters in history. Though it would...

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