>The Brazilian federal government said victims would receive 35,000 reais ($6,150) each, while fishermen and farmers would be paid 95,000 reais ($17,000) in total through monthly installments over four years.
Considering the sheer size of the settlement and the fact that the number of civilian victims is "only" 300,000, these payouts seem absurdly small. I wonder just how much of the money is going to simply cycle back to some other corporate interest or to political cronies.
All of this not to mention how deftly this entire case has the government of Brazil (and many of the regional governers) tossing all fault onto the mining companies alone. Such massive safety failures had plenty of regulatory culpability too.
>The Brazilian federal government said victims would receive 35,000 reais ($6,150) each, while fishermen and farmers would be paid 95,000 reais ($17,000) in total through monthly installments over four years.
Considering the sheer size of the settlement and the fact that the number of civilian victims is "only" 300,000, these payouts seem absurdly small. I wonder just how much of the money is going to simply cycle back to some other corporate interest or to political cronies.
All of this not to mention how deftly this entire case has the government of Brazil (and many of the regional governers) tossing all fault onto the mining companies alone. Such massive safety failures had plenty of regulatory culpability too.