header-logo header-logo

25 September 2009
Issue: 7386 / Categories: Legal News , Environment
printer mail-detail

Oil trade goodwill settlement

Toxic “slops” company reaches compensation agreement with solicitors

London-based oil traders Trafigura have agreed to pay £30m in compensation to victims of toxic “slops” that were dumped in an area of the Ivory Cost in August 2006, as an act of goodwill.

The chemical waste, a mixture of gasoline residue and caustic soda produced as a result of refining dirty fuel, was generated by Trafiguara before being transported to the Ivory Coast.

The disposal of the waste was then sub-contracted to a local firm, Companie Tommy. The waste was then dumped at 15 locations in the vicinity of Abidjan, the country’s largest city.

The company has maintained that it was not responsible for dumping the waste because it was carried out by Compagnie Tommy.
In a joint statement issued after the settlement—which amounts to roughly £950 for each of the 30,000 people affected by the waste—Trafigura’s director, Eric de Turckheim, said the company was “completely vindicated”. “While we certainly do not accept legal liability, Trafigura regrets the Probo Koala incident and, in particular, the distress that it caused the local population,” he said.

A joint

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Gateley Legal—Jack Kelly

Gateley Legal—Jack Kelly

Gateley Legal expands Midlands residential development team

Gibson Dunn—Richard Surtees

Gibson Dunn—Richard Surtees

Gibson Dunn adds employee benefits and executive compensation practice in London with partner Richard Surtees

Laytons ETL—Alec Cameron

Laytons ETL—Alec Cameron

Laytons ETL appoints new partner and head of intellectual property disputes

NEWS
A series of recent decisions has clarified important principles across property law, from perpetuities to lease renewals and public rights over land
A series of recent decisions has clarified important principles across property law, from perpetuities to lease renewals and public rights over land
Employers cannot rely on wellbeing services alone to defend workplace stress claims after a High Court decision awarding almost £1m to an overworked employee
Andy Burnham's brand of 'Manchesterism' could offer fresh thinking on legal aid and access to justice if it reaches Westminster, according to Roger Smith, NLJ columnist and former director of JUSTICE
The constitutional fallout from a change of prime minister, rather than the politics, is under scrutiny as questions arise over the limits of executive authority in a leadership transition
back-to-top-scroll