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en/chiquita-discloses-that-its-subsidiary-banadex-paid-illegal-armed-groups-in-colombia#c33759

Chiquita's admission of payment may blunt damage to image

Author: John Nolan, Associated Press, Published on: 12 May 2004

Chiquita Brands International Inc.'s decision to disclose that a subsidiary [Banadex] paid groups in Colombia designated by the United States as terrorist organizations could soften the blow to the company's reputation...Chiquita...is negotiating to sell Banadex to the Colombian fresh-fruit distributor Banacol.

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Related companies: Banacol Banadex Chiquita Occidental Petroleum