The owner and operator of the Fukushima nuclear complex said it will set up a task force to manage the contaminated water leaking from storage tanks at the complex. Some 330 tons of radioactive water has already leaked from the tanks and they continue to leak. The president of Tepco, or Tokyo Electric Power Company, said he'll personally head the task force because of the urgency of the issue. Tepco has been roundly criticized for manhandling problems at the nuclear complex. After an earthquake and tsunami in 2011 three nuclear power reactors suffered melt downs forcing the evacuations of thousands of people. Tepco says the leaks may have been caused by open valves that will now be closed and strictly monitored. The leaks were discovered earlier this month.
Japan's Trade Minister Toshimitsu Motegi said that lax maintenance by the plant's operator was largely to blame for leaks of water from storage tanks.
He said the government would be taking charge and stepping up patrols of the tanks to prevent overflows. A leak last week was the fifth and worst from a tank at the plant.
Tokyo Electric Power Co., operator of the nuclear plant, saw its stock price plunge nearly 6.9 percent as investors dumped shares following the release over the weekend of further details on the crisis.