BNP Paribas to face revived lawsuit over Sudanese genocide- U.S. appeals court


  • World
  • Wednesday, 22 May 2019

FILE PHOTO: A BNP Paribas logo is seen outside a bank office in Nantes, France, February 5, 2019. REUTERS/Stephane Mahe/File Photo

NEW YORK (Reuters) - A U.S. appeals court on Wednesday revived a lawsuit against BNP Paribas SA by alleged victims of a genocidal regime in Sudan, who sought to hold the French bank liable for aiding in the government's atrocities.

The 3-0 decision by the 2nd U.S. Circuit Court of Appeals in Manhattan came nearly five years after BNP Paribas agreed to plead guilty and pay an $8.97 billion penalty to settle U.S. charges it transferred billions of dollars for Sudanese, Iranian and Cuban entities subject to economic sanctions.

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