ID :
191509
Tue, 06/28/2011 - 11:14
Auther :

Meeting of Fukushima-1 shareholders held in Tokyo.

28/6 Tass 83

TOKYO, June 28 (Itar-Tass) -- An annual meeting of shareholders of the
Tokyo Electric Power Company (TEPCO), the biggest power engineering
company in Asia, which owns the damaged Fukushima-1 Nuclear Power Plant
(NPP), is going on in one of the Tokyo hotels. The hotel is surrounded by
demonstrators and is guarded by the police. The record great number of
shareholders came to attend the meeting - some 9,300 people. The number of
seats in the conference hall was not enough for all of them, and hundreds
of people are sitting on the floor in the overcrowded hall, where passions
are running high.
At the beginning of the meeting Tsunehisa Katsumata, Chairman of the
TEPCO Board of Directors, offered apologies for the accident at the
Fukushima-1 NPP, without precedent in the history of the country, where a
leakage of radiation is going on. He was interrupted by a lady
shareholder, who submitted to the meeting a draft resolution demanding the
immediate resignation of the TEPCO management. The proposal was rejected,
which triggered a wave of indignation. Ordinary shareholders attending the
meeting demanded from the TEPCO management, that they sell their personal
belongings and channel the money into the Company, which found itself on
the verge of bankruptcy after the Fukushima-1 accident.
Another draft resolution was submitted for the consideration of the
meeting, which demanded the closing down of all the NPPs belonging to
TEPCO. According to the coming reports, the draft resolution got extensive
support at the meeting.
After the Fukushima-1 accident the price of the TEPCO shares, once a
symbol of stability and profitability, went down by 80 per cent. TEPCO
will have to pay enormous compensations to the people affected by the
radiation leakage. Their total sum may exceed 100 billion dollars. A
possibility of imposing state control over TEPCO, which is the biggest
electricity generating company in Japan, is being considered.
Supporters of Greenpeace and other environmental protection
organisations are holding rallies outside the hotel, where the meeting is
going on. Mobile police units are keeping them away from the building. All
those entering the hotel are subjected to a check-up at a metal detector.

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