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U.S. court finds BNP Paribas liable in Sudan atrocities

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A New York jury on Friday ordered the bank to pay close to $21 million dollars to three plaintiffs.

Breakdown
  • BNP Paribas shares fell by up to 10% after a U.S. court found it liable for aiding Sudanese government atrocities.
  • A New York federal jury ordered BNP Paribas to pay nearly $21 million to three Sudanese refugees. 11s
  • The bank was found to have enabled Sudanese authorities' access to international money markets in the 1990s and 2000s. 28s
  • BNP Paribas announced plans to appeal the verdict and argued against further compensation demands. 37s
  • Lawyers for the plaintiffs say the verdict could open the door for over 20,000 Sudanese refugees in the U.S. to seek damages. 54s
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