Tuesday, June 9, 2009

Shell will pay $15.5 million

The oil giant Shell has agreed to pay $15.5m in settlement of a legal action in which it was accused of having collaborated in the execution of the writer Ken Saro-Wiwa and eight other leaders of the Ogoni tribe of southern Nigeria.

The settlement is one of the largest payouts agreed by a multinational corporation charged with human rights violations. Shell and its Nigerian subsidiary SPDC have not conceded to or admitted any of the allegations, pleading innocent to all the civil charges.

But the scale of the payment is being seen by experts in human rights law as a step towards international businesses being made accountable for their environmental and social actions.

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