US OIL COMPANY TO PAY AFTER 30 YEARS CONTAMINATING PERU'S AMAZON

US oil company Occidental has settled out of court with members of five indigenous Achuar communities from the River Corrientes in Peru’s Amazon following a lawsuit filed in the US in 2007 alleging human rights abuses and environmental contamination. An initial ruling to dismiss the case - filed by NGOs Amazon Watch and Earthrights International acting as the Achuars' plaintiffs - in the USA and hear it in Peru was reversed in 2010, and it was closed in 2013 and a settlement announced today at a media conference in Lima. An undisclosed sum will be administered by the Fondo de Desarollo de Alto Corrientes (FODAC) and spent on community development projects. 'The parties are pleased to confirm a mutual settlement of the claims in the litigation. All parties are satisfied with the resolution of this dispute,' reads an Achuar statement. (05-03-2015)

David Hill