Capitalism At The Barrel Of A Gun

Murder and payoffs taint business in Colombia
Last month, a U.S. District Court judge formally accepted a settlement of the charges between the Cincinnati-based company and the Justice Department. After pleading guilty to a felony, Chiquita was fined $25 million and required to institute an ethics program to prevent future violations. The company said that it made more than 100 payments to the paramilitaries, which controlled large swaths of Colombia's principal banana-growing region, to protect its workers from attacks and that it earlier had paid left-wing guerillas for the same reason. The Justice Department says the armed groups Chiquita paid are responsible for "a staggering loss of life" in Colombia.

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