Thursday, Feb 05th
Last update08:43:35 AM GMT
International Shell to Pay $15.5 Million to Settle Nigerian Human Rights Abuses Case
Shell, the big oil company, agreed to pay $15.5 million to settle a case alleging that it took part in human right abuses in the Niger Delta in the mid 1990s, a striking sum given that the company denied any wrongdoing.
The settlement, announced late Monday, came days before the start of a trial in New York that was expected to reveal extensive details of Shell’s activities in the Niger Delta.
TVNL Comment: Corporations can settle criminal charges with huge payoffs. Could you?
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