Formosa pays $500 mil compensation for marine disaster in central Vietnam

Taiwanese company Formosa Plastics, which caused deadly marine pollution in the central region by discharging untreated effluents, has paid up the US$500 million compensation it promised to, officials said. The environment ministry said on August 31 Formosa had transferred the second half of the promised amount a month after paying the first. But the agriculture and finance ministries are still working on the list of affected people, which will be ready no sooner than at the end of the month. An estimated 70 tons of dead fish washed ashore along more than 200 kilometers of coast in Ha Tinh, Quang Binh, Quang Tri and Thua Thien-Hue Provinces in April.