Environment

Swedish Company's Assets Frozen

The Swedish state has frozen some 1,400 million dollars of the Swedish mining company Boliden - to cover damage claims for chemical pollution caused by the collapse of a damn operated by a company subsidiary in Spain 11 years ago.

Arsenic and lead poison covered large areas and clearn-up operations were extensive. The Spanish compny went bankrupt.

Meanwhile, Boliden is being accused of polluting an area in Chile, where a local company was paid to – but failed – to remove lead and other poisons from sludge delivered from Sweden.

The Swedish environment minister and other critics maintain that the Swedish company has a moral responsibility to cover damages caused to children and adult villagers in the contaminated area.