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,
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."

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