Trafigura's Toxic Waste Won't Let Ivory Coast Be Great

Trafigura wants a bit of a mulligan for toxic waste dumping in Ivory Coast and is willing to pay to get it. From Al Jazeera:Trafigura, an international oil company,Β could beΒ close to offering compensation to 31,000 people who said they became ill from toxic waste dumped in the west African nation Ivory Coast, the company's officials…

Trafigura wants a bit of a mulligan for toxic waste dumping in Ivory Coast and is willing to pay to get it. From Al Jazeera:

Trafigura, an international oil company,Β could beΒ close to offering compensation to 31,000 people who said they became ill from toxic waste dumped in the west African nation Ivory Coast, the company's officials have said.

Video will return here when scrolled back into view

Trafigura, along with Leigh Day & Co, a British law firm, said in a joint statement they were in settlement talks, but did not mention any compensation figure.

"It currently appears that this settlement is likely to be acceptable to most, if not all, of the claimants," Trafigura and Leigh Day & Co said.

Claims for tens of millions of dollars in compensation stem from an incident in 2006, when petrochemical waste was dumped by a ship chartered by Trafigura on open sites around the country's largest city, Abidjan.

Get the full scoop here.

Since corporations are exactly known for their benevolence, this decision to settle kinda makes The Buzz wonder how bad the dump really was.

Straight From The Root

Sign up for our free daily newsletter.