Former president of Tepco, Shimizu got the golden parachute

Shimizu, former president of Tepco is going to be an outside director of Fuji Oil company, ltd to belong to Arabian Oil Company holdings on 6/25/2012.

The largest shareholder of Arabian Oil Company holding is Tepco (8.7%).

Former president of Tepco, Shimizu got the golden parachute2

Takei, former vice president of Tepco will be assigned to be outside corporate auditor of Arabian Oil company to belong to Arabian Oil Company holdings, and

Arai, former Executive Director of Tepco will be assigned to be corporate auditor of Fuji Oil company as well.

 

Shimizu was the president of Tepco when 311. He was hospitalized until 4/7/2011. Since he resigned last June, he had been “consulting” Tepco as “a company friend” until this March.

 

Former president of Tepco, Shimizu got the golden parachute

 

Source 1 2

 

 

About this site

This website updates the latest news about the Fukushima nuclear plant and also archives the past news from 2011. Because it's always updated and added live, articles, categories and the tags are not necessarily fitted in the latest format.
I am the writer of this website. About page remains in 2014. This is because my memory about 311 was clearer than now, 2023, and I think it can have a historical value. Now I'm living in Romania with 3 cats as an independent data scientist.
Actually, nothing has progressed in the plant since 2011. We still don't even know what is going on inside. They must keep cooling the crippled reactors by water, but additionally groundwater keeps flowing into the reactor buildings from the broken parts. This is why highly contaminated water is always produced more than it can circulate. Tepco is planning to officially discharge this water to the Pacific but Tritium is still remaining in it. They dilute this with seawater so that it is legally safe, but scientifically the same amount of radioactive tritium is contained. They say it is safe to discharge, but none of them have drunk it.

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