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Chiquita Brands Payments that Financed Paramilitarism
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In a landmark ruling, seven former executives linked to Chiquita Brands' banana operations in Colombia were sentenced to 11 years in prison for aggravated conspiracy to commit a crime involving the financing, promotion, and organization of illegal groups. This was for financing the use of surveillance cooperatives (Convivir) as a front for the misappropriation of funds. They are Reinaldo Elías Escobar de la Hoz, John Paul Olivo, Charles Dennis K…
Seven former directors linked to the U.S. banana company Chiquita Brands were sentenced to 11 years in prison for financing paramilitary groups. The case recalls how this banana emporium violently shaped the history of countries like Honduras, where the United Fruit defined politics, economy and geography, through “wild capitalism.” Agencies / EL LIBERTARDO Sputnik. Colombia’s Justice sentenced seven former directors of Banadex — a subsidiary co…
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