Tuesday, February 24, 2004

Swiss govt against apartheid reparations case

An American court should not decide a class action law suit seeking reparations for apartheid from international companies, the Swiss government said on Tuesday.
"We are particularly concerned about the extraterritorial application of US laws," said Swiss ambassador Eric Martin of the multi-billion rand law suit, which targeted a number of international companies, including some Swiss banks. Martin, who was addressing a group of South African journalists in Berne, said the Swiss government was following the developments in the Washington district court "very closely" and were in regular contact with stakeholders across the world. More...