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Chiquita Brands and Paying Protection Money

01-Aug-2008
Story Timeline:  123 days

Your bananas are a result of Chiquita paying for 'protection' in Colombia. For more than six years, from 1997 to February 2004, Chiquita Brands International, through its subsidiary in Colombia, Banadex S.A., made monthly payments to the paramilitary structures in the regions of Urabá and Santa Marta, which resulted in more than 100 payments for more than $1.7 million dollars. Chiquita Brands began to make these payments in 1997, following a meeting between then paramilitary chief Carlos Castaño and the then Banadex general manager. The payments were transferred in part through the Papagayo Convivir. [2] It should be recalled the US Secretary of State designated the AUC paramilitary structure as a foreign terrorist organization on September 10, 2001, which made it a crime according to US law for any citizen to knowingly... [read full story]                    

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Latest article on this story:

Chiquita Banana Execs Implicated in Colombian Paramilitary Funding, Guns, Cocaine and Terror are...

newsvine.com 03-Aug-2008
First article on this story:

Chiquita Banana Execs Implicated in Colombian Paramilitary Funding, Guns, Cocaine and Terror are...

newsvine.com 03-Aug-2008
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