Chiquita found liable for financing paramilitary group
Chiquita found liable for financing paramilitary group
www.cnn.com Chiquita found liable for financing paramilitary group | CNN Business
A Florida jury on Monday found banana company Chiquita Brands International liable for financing the Colombian paramilitary group Autodefensas Unidas de Colombia (AUC).
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The fine? $38 million.
Chiquita Brands International's profits in 2023? $3.1 billion.
That's a slap on the wrist if anything. Just the cost of doing business I guess.
To put that into context:
if all you had was a $100 USD Note, the equivalent of that “slap on the wrist” fine would be $1.23
I'll do the math when I get home, but that serms high. Gut instinct I thought it would be more like $0.10.
(38 mill/3.1bil)*100=1.2258 roughly
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