What’s a banana republic? A dictatorship (or nominal, weak “democracy”) where organized crime and oppression hold sway on behalf of Big Bidness–the real ruler of the country.
Like, oh, say, Colombia.
US banana company Chiquita Brands International has said it will plead guilty to a count of doing business with a terrorist group in Colombia.
The firm has agreed to pay a court settlement of $25m (£13m) to resolve an inquiry by the US Justice Department.
Prosecutors said Chiquita paid about $1.7m between 1997 and 2004 to the United Self Defence Forces of Colombia (AUC) in return for “protection”.
Chiquita says it was only motivated by the desire to safeguard its employees.
Shades of the United Fruit Company, no?
Nice to know the old bastard never died.