CSV Forum - Ishmael Noko
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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.
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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