American Energy Corporation Chevron accused by the courts of Ecuador of causing damage to the environment, the decision on the case has already been made and the fine will be 9.5 billion US dollars. Litigation has been going on for more than five years and the subject of consideration was the events that took place in the country in the 70s and 80s, when the corporation Texaco (she was later absorbed Chevron) in the course of drilling and oil production poured tens of tons of production waste hazardous to humans and nature into the waters of the Amazon; in the course of work, unique tropical forests were also actively cut down.
The fine was initially reported at $27.3 billion, but the court's final verdict reduced the amount to be paid to the corporation, along with cleanup costs. Although the amount is still the highest among similar decisions on environmental claims.
Representatives Chevron refuse to accept responsibility and acknowledge their role in causing damage to the environment of Ecuador, an appeal will be filed seeking a review of the facts.