TEPCO Receives $12.8 Billion Public Bailout
Thursday, 02 August 2012 11:19
Posted by David Icke
'The operator of Japan's crippled Fukushima nuclear power plant was effectively nationalised Tuesday as it received one trillion yen ($12.8 billion) of taxpayer money to stay afloat. The public bailout of Tokyo Electric Power Co. (TEPCO) in the wake of last year's tsunami-triggered accident gives the government 50.11 percent of the utility's voting rights.'
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