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Chevron assets sought to pay damages bill

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Chevron assets sought to pay damages bill


Ecuadorian victims who have won a 13-billion-euro environmental case against Chevron Corporation are to pursue legal action against the company overseas.

It follows an appeals court ruling that the giant oil company should pay up, after being found guilty of polluting the Amazon jungle and injuring the health of locals.

But with Chevron no longer having assets in Ecuador, the plaintiffs’ lawyer says he pursue the company’s international assets to assure the damages are paid in full.

Victims’ lawyer Pablo Fajardo said: “There are legal elements, international conventions and norms that allow for judgements in different countries. So this procedure is nothing new. We are going to do it. We are not going to give up a single cent of Chevron’s in this battle.”

The case dates back to between the 1970s and 1990s when Texaco, which later merged with Chevron, dumped toxic materials into pits and rivers. Decades of legal wrangling later, Chevron has been landed with a multi billion euro bill to pay.

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