In a high profile ruling, the Tokyo District Court said the former chairman of Tokyo Electric Power Company Holdings, Tsunehisa Katsumata, and three other former executives failed to fulfil their duty of taking the utmost safety precautions despite knowing the risks of a serious accident in case of a major tsunami. It said they could have prevented the disaster if they had taken available scientific data more seriously and acted sooner.
A group of 48 TEPCO shareholders filed the suit in 2012 demanding that Katsumata and four others -- former TEPCO president Masataka Shimizu, former vice presidents Sakae Muto and Ichiro Takekuro, and another executive, Akio Komori, pay 22 trillion yen in damages to the company. It maintained that they had neglected to heed experts' tsunami predictions and failed to take adequate tsunami precaution measures soon enough.
He said all five were liable but relieved Komori of the compensation obligation because he was appointed to his executive position only a year before the disaster and couldn't have acted even if he had tried.
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