Lockheed Martin used government nuclear money to lobby for more government nuclear money
Lockheed Martin fined for using government money to lobby for more government money, http://theweek.com/speedreads/573689/lockheed-martin-fined-using-government-money-lobby-more-government-money The Week, Bonnie Kristian, 25 Aug 15,
Defense contracting giant Lockheed Martin has agreed to pay a fine to settle charges that the company illegally lobbied for a major government contract using federal funds. Lockheed targeted members of Congress and the Obama administration from 2009 to 2014, using money that had been allocated for research in a previous federal contract.
This is not the first time the contractor has used tax dollars to lobby for additional income. The Energy Department investigation that exposed these lobbying habits suggested Lockheed “felt empowered [to lobby this way] because it had improperly directed federal funds to similar activities in the past.”
The contract Lockheed unethically sought was worth $2.4 billion annually, and the company’s 2014 revenues totaled $45.6 billion — but the settlement payment was just $4.7 million. It’s a “slap on the wrist for the world’s biggest defense contractor to pay,” according to Jay Coghlan of Nuclear Watch New Mexico, who argues that Lockheed “engaged in deep and systemic corruption” which should result in criminal prosecution.
Sandia Corporation has to pay back tax-payer money used for nuclear lobbying
Lockheed Martin Nuclear Subsidiary Fined for Paying Lobbyists with Federal Funds, TIME, Patrick Malone Center for Public Integrity Aug. 24, 2015
The Sandia Corporation has agreed to reimburse the Energy Department after allegedly spending federal funds on lobbying instead of national security’
The payment by the Sandia Corporation, a wholly-owned subsidiary of Lockheed Martin that operates Sandia National Laboratory in Albuquerque, resolved claims that the corporation violated two laws that bar such a use of federal funds.
It followed by nine months a restricted-access report by the Energy Department’s inspector general that accused Sandia of improperly trying to win a new contract without competition by lobbying senior Obama administration officials and key lawmakers with funds taken from its existing federal contract.
In his report, Inspector General Gregory Friedman described the company’s tactics as “highly problematic,” “inexplicable and unjustified,” and recommended that the Energy Department pursue reimbursement of the funds. A heavily-redacted copy of the report wasobtained by The Center for Public Integrity in June under the Freedom of Information Act.
“The money allocated by Congress for the Sandia National Laboratories is designed to fund the important mission carried out by our national laboratories, not to lobby Congress for more funding,” Benjamin C. Mizer, chief of the Justice Department’s Civil Division, said in a six-paragraph news release late Friday announcing the settlement……..
The settlement leaves open the door for the Justice Department to file criminal charges associated with the investigation, according to the eight-page formal agreement signed by representatives of Sandia and the Justice Department, which was obtained by the Center.
Sandia and Lockheed documents cited by Friedman described an extensive lobbying plan that targeted then-Energy Secretary Steven Chu, his family, friends and former colleagues at another nuclear lab, as well as key members of Congress. The effort, which occurred between 2008 and 2012 according to the Justice Department, was meant to block other companies from competing for a $2.4 billion a year contract to manage and operate Sandia National Laboratories. Its contract was set to expire in 2012.
The Justice Department barred Sandia Corporation from paying its multi-million dollar settlement and associated legal costs from its direct federal contract revenues. But Clark said the corporation planned to pay the fine from award fees – essentially bonuses for good performance – that it has previously received from the federal government. The amount represents 8 percent of the bonus payments Sandia Corporation received while the lobbying effort was under way, according to federal contract records………http://time.com/4007950/nuclear-weapon-sandia-lockheed/
How Canada’s PM Harper removed the teeth of the nation’s nuclear watchdog
How Harper turned a nuclear watchdog into a lapdog http://www.greenpeace.org/canada/en/blog/Blogentry/how-harper-turned-a-nuclear-watchdog-into-a-l/blog/53839/
Greenpeace and other environment groups asked the Commission today to release a study censored by CNSC staff because it apparently reveals weaknesses of offsite emergency response around the Darlington nuclear station.
We learned the study had been suppressed by requesting documents under federal Access to Information legislation, but its cover-up fits with the Harper government’s ongoing attack on our democratic institutions.
For a decade now the Harper government has gagged scientists, intimidated independent government watchdogs, and gutted environmental protection laws. All these attacks have a common objective: prevent the release of any information at odds with Harper’s goal of making Canada an energy “super power”.Whether it’s Alberta’s tar sands or Ontario and Saskatchewan’s nuclear industry, Harper’s endgame was to deny Canadians information that puts dirty power in a bad light.
The CNSC decision to suppress this public safety shows how much Harper’s succeeded.
One of Harper’s first attacks on arms-length watchdogs was when he fired the CNSC’s former president Linda Keen in 2008.
Keen was fired because she had the audacity to tell the Canadian nuclear industry they’d need to meet modern international nuclear safety standards if they wanted to build new reactors.
This angered the nuclear lobby, and especially the engineering giant SNC-Lavalin, who wanted to build new reactors on the cheap by cutting back on safety systems by building an outdated pre-Chernobyl, pre-September 11th reactor design.
SNC-Lavalin set out to have Keen ousted and found a sympathetic ear with Harper. Letting environmental protection block industry expansion is anathema to goals of the Harper government. Harper fired Keen and installed a more industry-friendly president.
The new president Michael Binder quickly remade the Commission in Harper’s image. The CNSC became an industry cheerleader with Binder even providing promotional quotes for industry press releases.
While the Harper government gutted environmental laws, Binder let it be known that environmental reviews would be little more than a foregone conclusion under his watch anyway.
And the muzzling of government scientists appears to be alive and well at the CNSC.
A 2014 Environics survey of federal scientists found CNSC staff often feel that politics trumps science at the Commission
The censored study we asked for today is a tangible example of how public safety assessments are being re-written for political ends.
In 2014, the CNSC released a severe accident study purportedly assessing the impacts of a “severe”accident at the Darlington nuclear station.
Such an assessment is needed because Ontario Power Generation (OPG) wants to extend the lives of four aging reactors at Darlington. Sitting just 60 km from downtown Toronto the Darlington reactors are located in Canada’s densely populated. This raises questions about the ability of Canada’s largest city to cope with a major nuclear accident.
The public had also pushed for this study. Following the Fukushima disaster hundreds of citizens called for such a study. It was a reasonable request. Believe it or not, the CNSC has never studied the consequences of a major Fukushima-scale accident in Canada.
CNSC staff reluctantly relented and committed to produce an accident study before hearings on OPG’s application to rebuild the aging Darlington reactors later this year.
But eyebrows were raised when the CNSC finally published the promised study in 2014. Media coverage focused on the study’s rather anti-intuitive conclusion: a severe accident at Darlington would have a negligible impact on the Greater Toronto Area (GTA).
I learned later the reason for the curious conclusion. Senior CNSC management had suppressed the original study, which did look at a Fukushima-scale radiation release.
According to documents I received through Access to Information, senior CNSC management stopped the release of the original study when apprised of its findings. They instructed staff to redo the study and exclude scenarios leading to a Fukushima-scale radiation release.
The justification to censor the study provided by CNSC Director Francois Rinfret shows how the CNSC has operationalized Harper’s policy of suppressing any evidence at odds with the expansion of major energy projects.
After Rinfret reviewed the study in early 2013, Rinfet told staff:
“I have taken a quick look at the draft submitted; indeed, this will become a focal point of any licence renewal, and despite brilliant attempts to caution readers, this document would be used malevolent-ly [sic] in a public hearing. It’s a no-win proposition whatever whatever (sic) we think the Commission requested.”
We were refused the details of the study, but Rinfret’s comments suggest the study reveals significant threats to public safety.
This makes sense. Ontario’s nuclear emergency plans effectively pre-date Chernobyl. Population is growing across the Greater Toronto Area (GTA). There are surely weaknesses, especially in light of Fukushima.
An independent watchdog mandated to protect public safety would publish the data and use the information to improve safety requirements. But under Harper the CNSC is a lapdog with a mandate to protect the image and profits of the industry it regulates.
CNSC management were clearly concerned the study would be used to challenge the adequacy of the CNSC’s safety requirements. Worse, the public could decide the Darlington life-extension just isn’t worth the risk. Under the Harper regime, such inconvenient information is suppressed instead of being addressed by the government agencies.
We have nevertheless asked for the Commission to release the study. If public safety is at risk, it must be released – and we all need to call for its release.
Whatever the Commission’s response, Harper has created a dangerous culture at the CNSC. It puts Canadians at risk.
The public had good reason to ask for an assessment of the impacts of a Fukushima-type accident. Accidents are happening about once a decade internationally, and we need to know if Toronto could cope with such an event at Darlington before OPG is allowed to spend billions rebuilding the station.
As became clear after the Fukushima disaster, Japan’s industry-friendly nuclear regulator was a key cause of the accident.
Under Harper’s watch, the CNSC has been transformed from a watchdog into a lapdog. The parallels with Japan’s nuclear regulator before Fukushima are worrisome.
Let’s hope the next federal government cleans up the CNSC.
Censorship, Secrecy, and Cover-up Laws as governments try to “End” nuclear disasters
Nuclear Industry And Governments Trying To ‘End’ Nuclear Disasters By Passing Censorship, Secrecy And Cover Up Laws After Chernobyl, TMI, Fukushima http://agreenroad.blogspot.com.au/2015/08/nuclear-industry-and-governments-trying.html Part I – Click on CC at bottom of video for English subtitles Belarus and Chernobyl: time blurs the truth, while nuclear industry and government cover it up and deny the rest.
Canadian Nuclear Safety Commission called upon to disclose study on nuclear disaster

Groups want full nuclear report released http://www.durhamregion.com/news-story/5804511-groups-want-full-nuclear-report-released/ By The Canadian Press, 19 Aug 15, OTTAWA – Environmental groups are urging the Canadian Nuclear Safety Commission to release a study on nuclear disaster scenarios that they say was suppressed.
The commission released a study last year looking at health and environmental consequences of accident scenarios, following the Fukushima nuclear disaster in Japan, but the groups say it wasn’t released in full.
Greenpeace, the Canadian Coalition for Nuclear Responsibility and other environmental organizations say emails obtained through access to information requests show management at the nuclear commission censored the original draft.
They say the original study analyzed the impacts of a Fukushima-scale accident at the Darlington nuclear plant, 70 kilometres east of Toronto, but that wasn’t included in the version released to the public.
The groups cite an email from the director of the Darlington regulatory program division that says it would become a “focal point of any licence renewal” and would be used “malevolently” in a public hearing.
The nuclear commission is holding a hearing today in Ottawa on Ontario Power Generation’s application to extend the operating life of four aging Darlington reactors and the environmental groups want the Fukushima-scale analysis released before public submissions are due next month.
“The CNSC has betrayed the public trust by concealing a study revealing risks to Toronto,” said Shawn-Patrick Stensil, a senior energy analyst with Greenpeace. “The study should be released so these hazards can be addressed transparently and appropriate emergency plans put in place.”
Science corrupted in the cause of promoting the nuclear industry
After Hiroshima and Nagasaki, a Third Nuclear Atrocity: the Corruption of Science, CounterPunch, by CHRIS BUSBY 19 AUG 15 On the 70th anniversary of the atomic bombing of Hiroshima and Nagasaki, articles are appearing everywhere discussing the historical, philosophical, scientific, public health and social meaning of this event (I almost wrote ‘war crime’).
The bombings can be extrapolated onward in time through the atmospheric testing fallout and Chernobyl, to the more recent contamination in Japan after Fukushima.
Today, the analysis of the health risks from the Japanese A-Bombs is being cleverly twisted to provide a rationale for the development of nuclear weapons and nuclear energy.
Hiroshima and Nagasaki are not just some historical tableaux that we can weep crocodile tears over, and discuss as socio-historic phenomena.
They are here today, present as ghosts, in all the manipulations and devious calculations made by the international radiation risk agencies and nuclear-industry scientists giving results that continue to permit the release into the environment of the same deadly substances that emerged for the first time in 1945.
Abusing Hiroshima to deny nuclear bomb health damage
I am currently presenting a case for the British Atomic Test veterans in the Royal Courts of Justice in London. The case pivots on the faulty radiation and health risk model that is based on the Lifespan Study of the Japanese A-Bomb survivors. Continue reading
Transatlantic trade and investment partnership (TTIP) provisions undermine democracy
TTIP: what does the transatlantic trade deal mean for renewable energy?, Guardian, Tim Smedley, 5 Aug 15
Trade partnership between the EU and US could remove barriers facing the green energy sector, but experts warn of potential dangers. In July the transatlantic trade and investment partnership (TTIP) came a step closer to reality. Formal talks have been ongoing for two years, but trying to create the world’s biggest free trade zone is no mean feat. Essentially, if passed, the EU and US will be able to trade without each other’s pesky tariffs or regulations getting in the way.
David Cameron is a big advocate, arguing it could add £10bn to the UK economy. Many others, meanwhile, criticise the undemocratic nature of the closed-door talks and sinister influence of powerful lobbyists.
But what would TTIP mean for renewable energy?………
TTIP could even undermine the democratic authority of local government. The UK’s Local Government Association representative in Brussels, Dominic Rowles, imagines a situation “whereby a public authority, whether local or national, takes a democratic decision on energy generation … that TTIP then makes easier for corporations to challenge.”
More opportunities to sue
The bone of contention here is the investor state dispute settlement (ISDS), which allows private companies to sue governments for loss of profits connected to regulation. It is seen as a key US demand for the trade partnership. Precedents include a US tobacco firm suing the Australian government over packaging restrictions and a US fracking company suing the Québec government following a moratorium on drilling under the St Lawrence River.
“Where the US wants to engage it does so pretty forcefully”, says David Baldock, executive director of the Institute for European Environmental Policy. He questions why an ISDS provision is needed at all, given the robust nature of the courts in both jurisdictions and the “huge levels of trade already between the EU and the US”. Yet an ISDS independent tribunal which would bypass national courts (and “doesn’t sit at all comfortably with the European decision-making process”, says Baldock) appears to be strongly favoured by US negotiators.
Race to the bottom on regulation Baldock also argues, “If you add TTIP to the language coming out of the commission about being less regulatory, lighter governance, letting states off binding targets around renewables and energy efficiency, then it is another layer that feeds … angst and lack of confidence for investors.”
Chair of the UK environmental audit committee, Joan Walley, believes there is a danger of TTIP coming at “the expense of throwing away hard-won environmental and public-health protections” and that combining US and EU regulatory systems becomes a “race to the bottom” – agreeing to harmonise the lowest regulations on either side, not the highest.
Baldock believes there could also be “a chill effect”, meaning that any new, stricter regulation is less likely to pass in future. “If we’re going to have a low carbon world we’ve got to [set] more targets, more product standards, more eco design directives,” he says. “The question is how far those are going to be inhibited by TTIP and giving the Americans a seat at the table.”……..http://www.theguardian.com/public-leaders-network/2015/aug/05/ttip-free-trade-deal-renewable-energy-transatlantic-partnership-eu-us
USA top authorities worried about radioactive iodine-131 from Fukushima Dai-ichi
Fukushima plume model shows 1 Million Bq/m2 over West Coast after reactor explosions — TV: Private emails reveal highest levels of gov’t worried about health impact in US — Nuclear industry tried to bury truth, while UC Berkeley experts told public “there is no plume” (VIDEO) http://enenews.com/fukushima-plume-model-shows-1-million-bqm2-west-coast-after-explosions-tv-emails-reveal-highest-levels-govt-worried-about-health-impact-radiation-exposure-uc-berkeley-experts-claimed-publicly-pl
The Big Picture, Jun 24, 2015 — Kevin Kamps, Beyond Nuclear (emphasis added): “A recent revelation of Nuclear Regulatory Commission internal emails… reveal that there was concern at the highest levels of the U.S. government, and rightly so, about the radioactive iodine-131escaping from Fukushima Dai-ichi… and reaching the United States… Rainwater at 242 times safe drinking water act permissible levels — so you better believe we got radioactive iodine-131 in the United States. Likely people ingested it — either breathed it in, or drank it in milk, or various other ingestion pathways. It attacks the thyroid gland… it does a tremendous amount of damage. And these emails… show that US government officials were worriedabout that, were calling for studies to be done to try to track the health damage. And what do you know, those studies did not happen… The monitoring and testing and the epidemiology were woefully inadequate to non-existent… The nuclear industry will try to bury the truth, and that sure happened after Fukushima… I think there’s been a huge dereliction of duty at the federal and the state levels.”
Kamps appears to be referencing an ENENews report from earlier this month, Censored US gov’t emails reveal proposed plan to test West Coast residents for Fukushima fallout — “Many cases of cancer may end up being attributed to exposures” — Doses could exceed emergency levels
The report quoted internal emails from March 2011 by the head of UC Berkeley’s nuclear engineering department, who wrote: “UCB faculty[is in] general agreement that prompt action should be taken… Many cases of thyroid cancer, and other health problems, may end up being attributed to exposures from the Fukushima accident… on the U.S. west coast… It is possible that we will find that some people have received doses of I-131 and other radionuclidesthat could exceed the levels [which]Protective Action Guidelines are designed to prevent. It could identify individuals who have had significant exposure… alert them and their medical care professionals to monitor for potential health effects.”
On the Friday before UC Berkeley’s nuclear chair sent this proposal to a small group of government officials and experts, ABC’s San Francisco affiliate reported on public comments made by UC Berkeley’s nuclear department:
ABC (San Francisco KGO-TV), Mar 18, 2011: Nuclear engineers here at UC Berkeley say… don’t be alarmed. The tiny particles are just so small, they pose no threat at all… not harmful at all. One scientist here says you can get more radiation exposure on a flight… One model forecasts that the radiation plume… will reach California today… experts say this map is very misleading. First of all, there is no ‘plume’. Second of all, you cannot predict how the weather is going to carry radiation particles over here to the West Coast, if any at all.
The map above is a model developed by Japanese and European experts showing the strength and location of the Fukushima plume while over the West Coast on Mar. 18, 2011 — the same day as the broadcast of UC Berkeley’s claim that “there is no plume”. According to the map’s scale, dark red areas along the West Coast indicate the Fukushima fission product xenon-133 had a concentration in the air column of 1,000,000 becquerels per square meter.
Israel to once again assassinate Iranian Nuclear Scientists?

Israel to Resume Assassinations of Iranian Nuclear Scientists?
In interview with Germany’s Der Spiegel, Israeli defense minister hints Israel could target Iranian scientists to halt nuclear program. Israel to Resume Assassinations of Iranian Nuclear Scientists?, Arutz Sheva, 7 Aug 15
In interview with Germany’s Der Spiegel, Israeli defense minister hints Israel could target Iranian scientists to halt nuclear program. Israeli Defense Minister Moshe Ya’alon has hinted Israel could resume assassinating Iranian nuclear scientists…….
Comparing the Iran deal to attempts by western Allies to appease Nazi Germany prior to World War Two, Ya’alon said historians would view the agreement as a “historic mistake” and a mere attempt to “kick the can down the road.”
And in what appeared to be a subtle threat, Ya’alon added thatIsrael “bore no responsibility for the lives of Iranian nuclear scientists,” in what appeared to be a subtle threat.
Israel is believed to be behind a series of assassinations of at least 5 top Iranian scientists involved in Iran’s covert nuclear weapons program, though it has never commented on the allegations. Most of the scientists were reportedly killed by unknown assassins placing “sticky bombs” on their cars, sometimes in audacious daylight operations.
But those assassinations – along with other covert operations including cyber attacks against Iran – have petered out in recent years, with the last known attack occurring in 2013. The halt in assassinations is believed to be a result both of direct American pressure on Israel to stop them, as well as other western states’ pivot towards detente with Tehran and away cooperating with Israel on such operations.
Ya’alon also hinted Israel could also consider airstrikes against Iranian nuclear weapons facilities as a last resort.
Analysts have long debated the viability of a unilateral Israeli strike, with many assuming such a strike to be impossible without US cooperation.
The interview follows reports that Iran is already busily “sanitizing” its Parchin military complex to hide evidence of nuclear weaponsdevelopment from nuclear inspections. http://www.israelnationalnews.com/News/News.aspx/199178#.VcUevnGqpHw
Mass media and government deception on Fukushima’s 7 nuclear meltdowns
Fukushima; Reactors And/Or SFP’s In #5 And #6 Melted Down – Total of 7 Melt Down’s, Melt Outs, Nuclear Explosions A Green Road Blogspot,
NORMALCY BIAS AND DENIAL THE NEW NORM
HOW THE NUCLEAR INDUSTRY DECEIVES THE PUBLIC
Art And Science Of Deception; Global Corporations And The 1%
http://agreenroad.blogspot.com/p/corporations-art-and-science-of.html
TEPCO COVERED UP AND LIED ABOUT MULTIPLE NUCLEAR REACTOR AND SPENT FUEL POOL MELTDOWNS
IT TOOK TEPCO THREE MONTHS TO ADMIT 3 MELTDOWNS, BUT THEY KNEW IT IN 2 HOURS
TEPCO did not hand out KI tablets and lied about the severity of the accident, right from the beginning all the way through to present day, with no exceptions. In doing this TEPCO had the support of the complicit medical community, the nuclear regulators and the Japanese government. Almost no one one called them on this initial deception and coverup that had severe health consequences. There were a few brave individuals that stood up to this Matrix like nuclear machine, such as Dr. Busby, Arnie Gunderson, and Dr. Helen Caldicott MD, among others.. These few truth tellers, (among others like Enenews.com) deserve your support and encouragement, by the way.
TEPCO LIED ABOUT AND COVERED UP DANGER OF RADIATION TO PEOPLE, WARNED NO ONE AND GAVE OUT NO MEANINGFUL INFORMATION
http://agreenroad.blogspot.com/2012/09/43-of-fukushima-children-have-thyroid.html
Diabetes Caused By Low Level Radiation – 6 In 10 Fukushima Children With Diabetes; via @AGreenRoad
http://agreenroad.blogspot.com/2013/09/diabetes-caused-by-low-level-radiation.html
CORPORATE OWNED MASS MEDIA COMPLICIT IN COVER UP AROUND FUKUSHIMA, TMI AND CHERNOBYL
Right after the Fukushima mega disaster happened, the Fox News network even went so far as to feature Anne Colter, who said all radiation is good for you, and the more, the better. She was promoting the discredited hormesis theory, as all pro nuclear apologists do. The mass media went along with the PR spin handed out by the nuclear industry and reported that all radiation is harmless, and it will cause no damage to anyone, which is the exact opposite of the truth. When deception becomes the truth, and the truth becomes a lie, democracy and freedom is lost.
The mass media is a very effective propaganda outlet and PR spin machine for huge corporations.
Corruption scandal may halt Brazil’s nuclear power programme
Ildo Sauer, a nuclear physicist who worked under Pinheiro in the late 1980s, says Brazil’s nuclear program is too expensive and has been co-opted by politicians and major construction and engineering firms.
“The problem is the lobbyists who see nuclear as a chance to build expensive megaprojects with little regard for cost,” said Sauer, a former head of natural gas at Petrobras. “It’s no longer about science or energy. It’s about politics and money, and that brings corruption.
Brazil Nuclear Leader’s Arrest May Stymie Atomic Ambitions Reuters, VOA, July 30, 2015 RIO DE JANEIRO— The arrest of the longtime head of Brazil’s nuclear energy utility on corruption charges could disrupt a plan to revive Brazilian nuclear ambitions whose roots go back to its atomic-bomb program in the 1980s. Continue reading
CEO of Toshiba took loyalty to the company too far – resigns over doctored accounts
CEO of Japan’s Toshiba resigns over doctored books By YURI KAGEYAMA Jul. 21, 2015 TOKYO (AP) — Toshiba’s CEO and eight other executives resigned Tuesday to take responsibility for doctored books that inflated profits at the Japanese technology manufacturer by 152 billion yen ($1.2 billion) over several years.
Toshiba Corp. acknowledged a systematic cover-up, which began in 2008. Various parts of the Japanese company’s sprawling business including computer chips and personal computers were struggling financially, but top managers set unrealistic earnings targets under the banner of “challenge,” and subordinates faked results.
On top of its struggles in electronics, Tokyo-based Toshiba’s prospects in nuclear power, one of its core businesses, were shaken after the 2011 Fukushima disaster set off public fears about reactor safety, making new nuclear plants unlikely in Japan. All 48 of the nation’s working reactors are now offline.
Bowing deeply before flashing cameras at a news conference, CEO Hisao Tanaka kept his head lowered for nearly half a minute in a gesture meant to convey deep shame and contrition. Tanaka’s predecessors, Norio Sasaki, now a vice chairman, and Atsutoshi Nishida, an adviser, also gave up their posts along with six other executives……….
The scandal highlights how Japan is still struggling to improve corporate governance despite recent steps to increase independent oversight of companies……….http://bigstory.ap.org/article/ca7df49d7b09428cace05165d8e41249/ceo-japans-toshiba-resign-over-doctored-books
How Toshiba cooked the nuclear books
Toshiba cooked books to tune of ¥160 billion after nuclear disaster decimated profit targets: panel http://www.japantimes.co.jp/news/2015/07/19/business/corporate-business/toshiba-cooked-books-to-tune-of-%C2%A5160-billion-after-nuclear-disaster-decimated-profit-targets-panel/#.VbFdnaSqpHx The total amount of operating profits Toshiba Corp. booked through inappropriate accounting in the five years through March 2014 is believed to have reached around ¥160 billion, sources have said.
The third-party panel investigating the electronic giant’s accounting scandal discovered that the padded amount is more than three times the ¥50 billion initially uncovered via Toshiba’s internal probe, but less than the rumored ¥200 billion.
The panel has confirmed that Toshiba President Hisao Tanaka and his direct predecessor, Norio Sasaki, now Toshiba vice chairman, effectively allowed losses to be carried over, as the company set ambitious profit targets for its mainstay businesses, including the infrastructure construction, semiconductor and personal computer divisions, the sources said Saturday.
The panel believes Toshiba cooked its books partly because of clouded prospects for its nuclear power business after the March 2011 disasters sparked a triple meltdown crisis at Tokyo Electric Power Co.’s Fukushima No. 1 atomic plant.
The nuclear crisis eventually forced all of the nation’s 48 commercial reactors offline.
Toshiba had hoped to foster the nuclear power business into a key profit driver.
In addition, Toshiba has also found it difficult to achieve its profit goals due to surges in labor and material costs following the 2011 earthquake and tsunami.
The panel, led by lawyer Koichi Ueda, a former chief prosecutor at the Tokyo High Public Prosecutors Office, will report its findings to Toshiba on Monday.
In its report, the panel is expected to propose that Toshiba appoint lawyers and certified public accountants as outside board members in order to prevent similar accounting irregularities from happening again.
The firm is scheduled to announce the outline of the panel report Monday evening. Tanaka is expected to hold a news conference Tuesday afternoon to explain the wrongdoing and announce his resignation.
In addition to the ¥160 billion in padded profits, Toshiba is likely to be forced to book impairment losses of tens of billions of yen in its semiconductor and other businesses, sources said. Overall, Toshiba’s operating profits are expected to be revised down by some ¥200 billion, the sources added.
Fukushima will likely go down in history as the biggest cover-up of the 21st Century
Cover-up: Fukushima Nuclear Meltdown a Time Bomb Which Cannot be Defused, duanetilden, 21 July 15, Four years after the Fukushima nuclear disaster which has caused incredible an ongoing destruction, in the meantime authorities have tried to cover up the serious consequences. Sourced through Scoop.it from: oilprice.com
>” […] Fukushima will likely go down in history as the biggest cover-up of the 21st Century. Governments and corporations are not leveling with citizens about the risks and dangers; similarly, truth itself, as an ethical standard, is at risk of going to shambles as the glue that holds together the trust and belief in society’s institutions. Ultimately, this is an example of how societies fail.
Tens of thousands of Fukushima residents remain in temporary housing more than four years after the horrific disaster of March 2011. Some areas on the outskirts of Fukushima have officially reopened to former residents, but many of those former residents are reluctant to return home because of widespread distrust of government claims that it is okay and safe. […]
According to Japan Times as of March 11, 2015: “There have been quite a few accidents and problems at the Fukushima plant in the past year, and we need to face the reality that they are causing anxiety and anger among people in Fukushima, as explained by Shunichi Tanaka at the Nuclear Regulation Authority. Furthermore, Mr. Tanaka said, there are numerous risks that could cause various accidents and problems.”
Even more ominously, Seiichi Mizuno, a former member of Japan’s House of Councillors (Upper House of Parliament, 1995-2001) in March 2015 said: “The biggest problem is the melt-through of reactor cores… We have groundwater contamination… The idea that the contaminated water is somehow blocked in the harbor is especially absurd. It is leaking directly into the ocean. There’s evidence of more than 40 known hotspot areas where extremely contaminated water is flowing directly into the ocean… We face huge problems with no prospect of solution.”……..
Mari Yamaguchi, Associated Press (AP), June 12, 2015: “Four years after an earthquake and tsunami destroyed Japan’s Fukushima nuclear power plant, the road ahead remains riddled with unknowns… Experts have yet to pinpoint the exact location of the melted fuel inside the three reactors and study it, and still need to develop robots capable of working safely in such highly radioactive conditions. And then there’s the question of what to do with the waste… serious doubts about whether the cleanup can be completed within 40 years.” […]
According to the Smithsonian, April 30, 2015: “Birds Are in a Tailspin Four Years After Fukushima: Bird species are in sharp decline, and it is getting worse over time… Where it’s much, much hotter, it’s dead silent. You’ll see one or two birds if you’re lucky.” Developmental abnormalities of birds include cataracts, tumors, and asymmetries. Birds are spotted with strange white patches on their feathers.
Maya Moore, a former NHK news anchor, authored a book about the disaster:The Rose Garden of Fukushima (Tankobon, 2014), about the roses of Mr. Katsuhide Okada. Today, the garden has perished: “It’s just poisoned wasteland. The last time Mr. Okada actually went back there, he found baby crows that could not fly, that were blind. Mutations have begun with animals, with birds.” […] “< http://duanetilden.com/2015/07/22/cover-up-fukushima-nuclear-meltdown-a-time-bomb-which-cannot-be-defused/
Simply Info reports in this week’s Japanese Nuclear Scandals
This Week’s Japanese Nuclear Industry Scandals, Simply Info July 20th, 2015 | As Japan’s current government tries to force through reactor restarts, the process is running into some harsh reality. The NRA has found two major problems and it came out that Toshiba has been significantly falsifying their financial statements to hide major losses.
Japan’s NRA determined for a second time that faults under the Shika nuclear plant may stop it from
being allowed to operate. A fault under the unit 1 plant as documented by the NRA would prevent it from being allowed to
restart due to the active fault running under the reactor building. A second fault runs under the cooling water intake systems for units 1 and 2. Unless operators can convince the NRA that they have developed sufficient measures to prevent earthquake damage, the second unit may also be prevented from ever restarting………..
Toshiba’s recent multi billion dollar accounting scandal is said to have been initiated by the Fukushima nuclear disaster. The company coordinated and overstated profit projections across various corporate divisions to make the massive losses after the nuclear disaster look less significant. The company may also attempt to sell of some of their stake in Westinghouse nuclear. This would likely be at a significant loss since their current over 80% stake was purchased at the height of new reactor hype in 2006. Toshiba may now be fined heavily by the government for their accounting fraud in an attempt to make their financial losses appear less severe…………http://www.fukuleaks.org/web/?p=14887
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