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by mrpopo
1688 days ago
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Where did I lie? This is what Chevron-owned Texaco has done in the 90's : > Chevron has argued that Texaco spent $40m ($31m) cleaning up the area during the 1990s, and signed an agreement with Ecuador in 1998 absolving it of any further responsibility. Source: https://www.bbc.com/news/world-latin-america-45455984 This is the real corruption here. No way to make a thorough clean-up of 16 billion gallons of toxic waste water with that amount of money, let alone compensate the victims. Do you think this is justice? Do you think this agreement didn't deserve to be overturned? Is that what you're defending? Meanwhile Chevron's lawsuit against Donzinger ended up in a several million dollars fine against a single individual. Indeed, it's a wonder any semblance of justice is ever done in this world. |
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This is how things work in banana republics. The state sacrifices the health of its citizens for the gain of the state, which basically operates for the benefit of the political elites.
State-owned oil companies partner with oil majors, usually because they lack the expertise and capital to exploit their own resources.
In this case, the state-owned oil company owned 62.5% of the consortium. When Chevron's subsidiary exited, it made an agreement with Ecuador under which Chevron's subsidiary performed the environmental remediation the state required and was released from future environmental claims.
This is really straightforward legally. There is no legitimate legal basis for this agreement to be overturned, which is why multiple courts have refused to recognize the judgment, and why multiple countries, including Canada, Argentina and Brazil, have refused to allow collection of Chevron assets in their countries upon this judgment.
If international law allowed corrupt courts to overturn valid legal agreements for any reason, or no reason, it would threaten the stability of the global economy and the economies of banana republics like Ecuador would be even more avoided than they already are, which would also hurt the Ecuadorian people.
The Ecuadorian people affected by this situation should first and foremost be angry at their corrupt government.
> Meanwhile Chevron's lawsuit against Donzinger ended up in a several million dollars fine for a single individual.
Because the court found that he used illegal tactics (fraud, bribery, etc.) to obtain a judgment in Ecuador. Injustice, real or perceived, does not make another injustice permissible.