Tuesday, June 9, 2009

Update - Shell Settles

Royal Dutch Shell has agreed to pay $15.5 million (€11.2 m) to settle the case of Wiwa v Shell which was due to commence this week. Shell stood accused of taking part in human rights abuses in Southern Nigeria during the 1990s.

Although, Shell maintains that the allegations were false and is pleading innocent to all civil charges, the settlement is still one of the largest ever agreed by a multinational corporation in similar circumstances. Also, there is no smoke without fire!

Other companies may now fear legal action and begin to take into account the impact that their operations have on local communities.

No comments: