Message #154533

[Jessie Phallon]

Compensation from Union Carbide

•   The Government of India passed the Bhopal Gas Leak Disaster Act that gave the government rights to represent all victims in or outside India.[1][2]
•   UCC offered US$350 million, the insurance sum.[1][2]
•   The Government of India claimed US$350 billion from UCC.[1][2]
•   In 1989, a settlement was reached under which UCC agreed to pay US$470 million (the insurance sum, plus interest) in a full and final settlement of its civil and criminal liability.[1][2]
•   When UCC wanted to sell its shares in UCIL, it was directed by the Supreme Court to finance a 500-bed hospital for the medical care of the survivors. Bhopal Memorial Hospital and Research Centre (BMHRC) was inaugurated in 1998. It was obliged to give free care for survivors for eight years.[1][2]

http://en.wikipedia.org/wiki/Bhopal_disaster