Ecuador’s Prosecutor Says Studying Chevron Case

September 18th, 2009

Dow Jones

QUITO–Ecuador’s state prosecutor, Diego Garcia, said Wednesday his office is studying whether to proceed with legal action in the U.S. against Chevron Corp. (CVX) in a case that stems from claims brought by indigenous groups against the oil company.

Ecuadorean Attorney General Washington Pesantez recently asked the prosecutor to start the legal action, saying that Chevron could be held accountable under the U.S. Foreign Corrupt Practices Act.

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