Chiquita, (formerly United Fruit) the company whose name synonymous with "banana", has been fined $25 million dollars for paying over $1 million in protection money to Colombian guerrilla groups. No strangers to paying people off, Chiquita/United Fruit has a long history of fueling corruption and conflict in Latin America.
Although $25 million is peanuts to a big company like Chiquita, its certainly more than Corporate America is used to paying for its crimes. Let's hope there isn't any reduction in the fine on appeal...
Showing posts with label bananas. Show all posts
Showing posts with label bananas. Show all posts
Monday, September 17, 2007
Subscribe to:
Posts (Atom)