Chevron: Tapes Show Bias in Ecuador Case

It's the kind of blockbuster plot twist normally reserved for the movies. Oil giant Chevron (CVX), enduring a barrage of negative publicity from a $27 billion environmental class-action lawsuit filed in Ecuador, unveiled a series of secretly recorded videos that suggests the judge in the case has already decided to rule against Chevron and is scheming with representatives of the ruling party of Ecuadorean President Rafael Correa to collect a $3 million bribe from a company purportedly angling to win some of the cleanup business.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.