TEPCO Admits Delaying Report Of Major Fukushima Radiation Leak Into The Pacific Ocean For 10 Months

‘While faith in Japanese ‘economics’ is starting to falter (borne out by the split in the BoJ and endless macro data disappointments), trust in TEPCO and its governmental operators must be about to hit a new record low.

Having promised and given up on the ice-wall strategy to stop radioactive water leaking into the ocean, Bloomberg reports TEPCO officials have admitted that it’s investigating the cause of a spike in radiation levels (23,000 becquerels/liter vs the legal limit of 90) in drainage water that it believes subsequently leaked into the Pacific ocean from the wrecked Fukushima nuclear power plant.

The bigger problem, as NBC reports, TEPCO failed to report the leak for 10 months!’

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