Although the deal costs Trafigura £30m and does not appear to absolve it of blame for the illegal dumping or resultant injuries, company director Eric de Turckheim claimed today: "This settlement completely vindicates Trafigura."
Monday, 21 September 2009
Have Trafigura got away with it
I've been following for a while the massive scandal of how oil Trader Trafigura had toxic waste dumped in Ivory Coast in 2006, injuring thousands of people, and according to Greenpeace, killing 15. After a campaign of dirty tricks, spin, denials and threatened libel actions, Trafigura has now settled a legal case, offering to pay about £1000 to each victim. The total of £30, is slightly more than 10% of the company's reported profits last year. Greenpeace is still trying to get the Trafigura prosecuted in the Netherlands, where the scandal orginated. But, as the Guardian reports,