Palm oil fruit; Credit: arikbintang/Adobe Stock IFC Settles With Victims of Palm Oil Project in Honduras
A US court has approved the plan to compensate victims of a violent land-grabbing campaign that plaintiffs argued was aided and abetted by the International Finance Corporation (IFC).
October 04, 2024 at 09:51 AM
3 minute read
A U.S. court has approved a settlement that ends a class action brought against the World Bank's lending arm for financing a company that allegedly terrorized local families in Honduras to expand its palm oil operations.
EarthRights International, which brought the case alongside independent lawyers, argued that the International Finance Corporation should have known that its financing of Corporación Dinant was abetting murder and other serious abuses in the Bajo Aguán region of Honduras.
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