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BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

Ecuador fails to comply on Chevron’s case

Posted On 09 Feb 2013
Chevron

Chevron

The Permanent Court of Arbitration in The Hague said that Ecuador has violated provisional failures and consequently has failed international law “by not preventing the execution of a judgment” against Chevron, which requires it to pay 19 billion dollars.

An Ecuadorian court sentenced in February 2011 Chevron to pay a multimillion amount for environmental damage to the Amazon when Texaco was working in the country between 1964 and 1990, which later was acquired by Chevron, the second largest oil company in the United States.

In the judgment, the Court of The Hague asks Ecuadorian authorities to explain why ” they not ordered Chevron a compensation for all the damages resulting in its attempt to enforce a judgment.”

In opnión of Hewitt Pate, vice president and general counsel of Chevron, Ecuador “has allied” with U.S. attorneys that “have used corrupt courts  to conduct an unprecedented farce”.

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