Tepco asks for $13bn aid for Fukushima
Tokyo Electric Power Company (Tepco) yesterday asked Japan's government for a reported $13 billion to help pay compensation for the Fukushima nuclear disaster which was caused by a massive tsunami triggered by a 9.0 magnitude earthquake on March 11.
The company did not reveal the amount of cash it asked for and said the figure would remain secret until it was approved by the government.
However, media reports put the figure at up to one trillion yen ($13 billion).
Tens of thousands of people remain evacuated from homes and businesses in a 20 kilometre no-go zone around the plant and in pockets beyond. Fully decontaminating those areas is expected to take decades.