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Article

Blood Money Paid by Chiquita Shows Company's Hard Choices

On [17 September 2007], U.S. District Judge Royce Lamberth accepted [Chiquita’s] plea to a single felony count, making Chiquita the first major U.S. corporation ever convicted of financial dealings with terrorists…. [Former Chiquita general counsel] Olson's role in the scandal emerges in fascinating detail from the U.S. Attorney's 18-page criminal complaint, the plea deal, the 23-page sentencing memorandum, and Chiquita's filings with the Securities and Exchange Commission…. These documents…paint a portrait of a general counsel and a company giving in to extortion, paying the terrorists [United Self-Defense Forces of Colombia] to protect their employees. [also refers to Banadex]