Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Top News
Top News
Politics

BNP Paribas To Face Lawsuit Over Sudanese Genocide

Logo of BNP Paribas on a bank building in Paris

A US judge has ruled that BNP Paribas must face a lawsuit over its alleged role in financing the Sudanese government during the genocide in Darfur. The decision comes after a group of plaintiffs accused the French bank of providing financial support to the Sudanese regime, which enabled the government to carry out atrocities against civilians.

The lawsuit alleges that BNP Paribas knowingly facilitated transactions that allowed the Sudanese government to purchase weapons and fund military operations in Darfur. The plaintiffs claim that the bank's actions directly contributed to the suffering and loss of life experienced by the people of Darfur during the conflict.

BNP Paribas has denied the allegations and argued that it was not aware of the intended use of the funds provided to the Sudanese government. However, the judge's ruling means that the case will proceed to trial, where both parties will have the opportunity to present evidence and arguments in court.

The decision to allow the lawsuit to move forward has been welcomed by human rights groups and advocates for justice in Sudan. They hope that the legal proceedings will shed light on the role of financial institutions in enabling human rights abuses and hold BNP Paribas accountable for its alleged complicity in the Sudanese genocide.

This case highlights the importance of corporate accountability and the need for financial institutions to conduct due diligence to ensure that their activities do not contribute to human rights violations. The outcome of this lawsuit could have far-reaching implications for the banking industry and its responsibility to uphold ethical standards in its business practices.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.