In 2002,the food-retailing corporation stirred up bad publicity when it demanded $6 million in compensation from the one of the worlds poorest governments. Twenty years previously, the then-military Ethiopian regime had seized and nationalized a Nestlé subsidiary, and the company claimed entitlement to financial restitution under international law.The US$6 million demand was issued for shares in an Ethiopian agricultural firm, which was nationalised by the Marxist Mengistu regime in 1975.
You also know that any money received from this legal action was donated to famine relief in Ethiopia. This is a matter of record.
NestleCSV 2 years ago
In 2002,the food-retailing corporation stirred up bad publicity when it demanded $6 million in compensation from the one of the worlds poorest governments. Twenty years previously, the then-military Ethiopian regime had seized and nationalized a Nestlé subsidiary, and the company claimed entitlement to financial restitution under international law.The US$6 million demand was issued for shares in an Ethiopian agricultural firm, which was nationalised by the Marxist Mengistu regime in 1975.
Hunteroflaughter 2 years ago