Ecuador Political News

Dow Jones – Ecuador Obtains $1.3B From China Development Bank Loan

Published

November 1, 2011

China is now the largest source of credit for the country where the Chevron Ecuador trial has taken place:

Ecuador last week received the first tranche, worth $1.3 billion, from a $2 billion loan deal signed in June in Beijing with the China Development Bank Corp., a high-level government official told Dow Jones Newswires on Monday.

In this article:

Click to comment

You must be logged in to post a comment Login

You must be logged in to post a comment.

The Amazon Post ·
@AmazonPost

#Factsmatter: An international arbitration panel found ‘no cogent evidence’ supporting #Ecuador’s claim that #Texaco failed to comply with terms of remediation in #Amazon. https://t.co/7TqQ6sJhik

View on Twitter

The Amazon Post ·
@AmazonPost

The @WSJ sums this case up nicely, “[Steven Donziger] and his team fabricated evidence, promised $500,000 to an #Ecuadorean judge to rule in their favor, ghostwrote much of the final verdict and took other actions that ‘perverted’ the course of #justice. Mr. Donziger disputes the… https://t.co/soQ1qreULA

View on Twitter

The Amazon Post ·
@AmazonPost

Shameless. Disbarred and convicted of criminal contempt of court for bribing an Ecuadorian judge in an attempted extortion scheme, @SDonziger is nonetheless accepting invitations to speak at #climate rallies. Read more about this adjudicated racketeer: https://t.co/5eac0lRmN7

View on Twitter

The Amazon Post ·
@AmazonPost

Sworn testimony: While Texaco met its environmental obligations in the Amazon, #Ecuador’s national oil company did “absolutely nothing” to address its own remediation in the area. #FactsMatter:
https://t.co/7TqQ6sJhik

View on Twitter

The Amazon Post ·
@AmazonPost

DENIED: @SCOTUS rejects hearing case of Steven Donziger, who bribed Ecuadorian judge in failed effort to bilk Chevron for billions of dollars. https://t.co/zT0dlozk5R

View on Twitter