BNP Paribas Found Liable for Complicity in Sudan Atrocities, Shares Decline
World NewsBNP ParibasUpdated a day ago

BNP Paribas Found Liable for Complicity in Sudan Atrocities, Shares Decline

BNP Paribas faces a significant setback as a US jury ruled the bank liable for its complicity in human rights abuses in Sudan, awarding over $20 million to three plaintiffs. This verdict underscores the scrutiny financial institutions face regarding their involvement in international conflicts and raises concerns about the bank's future operations and reputation.

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BNP Paribas shares fall after US jury’s Sudan verdict
NegativeWorld Affairs
BNP Paribas is facing a setback as its shares have dropped following a US jury's verdict that mandates the bank to pay over $20 million to three plaintiffs due to allegations of human rights abuses in Sudan. This ruling highlights the ongoing scrutiny financial institutions face regarding their involvement in international human rights issues, and it raises questions about the bank's future operations and reputation.
US jury finds French bank BNP Paribas liable for complicity in Sudan atrocities
NegativeWorld Affairs
A New York jury has ruled that BNP Paribas, a major French bank, is liable for its role in supporting the Sudanese regime of Omar al-Bashir, which was responsible for severe atrocities. The jury awarded $20.75 million to three plaintiffs from Sudan, highlighting the bank's complicity in the horrors inflicted by Sudanese soldiers and the Janjaweed militia. This ruling is significant as it holds financial institutions accountable for their actions in conflict zones, potentially setting a precedent for future cases.

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