Oil-trading firm to offers to pay $48.7 million in Ivory Coast pollution case
The United Nations says the 2006 dumping in Ivory Coast killed 15 people and sickened about 100,000 others.
Trafigura is offering $1,536 (or 950 British pounds) per person to settle a lawsuit stemming from the dumping of 500 tons of toxic waste off Ivory Coast, or Cote d'Ivoire, a company spokeswoman said Monday.
The law firm representing the claimants has said in the past it represents up to 30,000 people, making the settlement potentially worth about $46 million.
A judge still must approve the deal before it becomes final. The Trafigura spokeswoman, Alex Nelless of the public relations firm Bell Pottinger, said she did not know if a court date had been set.
The Dutch-based company does not admit liability in the settlement and aggressively fought the suit.
It threatened to sue media outlets, including the BBC, for its reporting of the case.
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