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10 Jul 2014

Katrina Manson, Financial Times (UK)

BNP Paribas fined by US Govt. for conducting business with Sudan under embargo due to regime’s human rights abuses

“BNP fine cheers Sudan human rights campaigners”, 30 Jun 2014 [Subscription only]

Today, as BNP Paribas pays a record $8.9bn penalty for conducting business with Sudan and other countries subject to sanctions, [human rights lawyer Ali Agab] is celebrating…“It’s very harmful and sad to know that those people who are enjoying democracy are using all means to support a regime like this and commit international crime,” [says Mr Agab]…The US levied sanctions in 1997 over Sudan’s support for terrorism and human rights abuses…in the course of Sudan’s 10-year oil…experts estimate its petrodollars amounted to $80bn for the country and its backers…[According to Agab]“[t]his oil money, gained illegally, allowed the regime to stay in power and to commit more crimes against its own people…"…[According to Olivia Warham, director of Waging Peace] “The level of torture and intimidation, lack of freedom of expression, lack of political space has been consistently high throughout the last decade. [Mr Bashir] has been doing all of this with the world turning a blind eye; financed by people who are breaking sanctions...”