Historical News Releases & Statements

September 27, 2008

Chevron Charges Ecuador's Government Seeks to Intimidate Company's Lawyers

Official Persecution Denies Chevron of Right to Defense, Confirms Government Collusion With Plaintiffs

SAN RAMON, Calif., Sept. 27, 2008 – Chevron rejected as far from the truth the recent comments, published on EFE newswire, by Ecuadorian Prosecutor General Diego Garcia Carrion, who attempted to justify the renewal of unfounded criminal accusations against two Chevron lawyers defending the Company in a lawsuit in Ecuador.

Ecuador's Attorney General reopened the case on the express orders of President Rafael Correa, after the move was publicly requested by the plaintiffs' attorneys. The Government's pursuit of these false charges ignores the findings of two previous Attorneys General of the Republic of Ecuador, who had affirmed that there was no evidence of criminal wrongdoing of any kind in the Agreement which 10 years ago freed Texaco Petroleum Company, which was bought by Chevron in 2001, of all environmental liability upon completion of the remediation of the fields under its responsibility.

Assertions by Mr. Garcia Carrion in the United States that the indictments were brought in keeping with the law reportedly sought to calm foreign investors about their future in Ecuador. The truth is that the trumped-up and baseless fraud accusations against our attorneys serve as a warning to the business community. What is clear is that the charges are an attempt to intimidate the Company, evade contractual obligations, and further undermine the judicial process in Ecuador.

Since the lawsuit began in Ecuador, plaintiffs' attorneys have waged a campaign of lies, fabricated evidence and clownish publicity stunts to gain through pressure tactics what they are unable to prove in a legitimate court of law. As part of this enrichment scheme, plaintiffs' attorneys have sought to involve the Government of Ecuador in the judicial process to deny Chevron its right to due process. The result has been a legal farce and a systematic denial of Chevron's rights.

Chevron reaffirms its intention to defend its attorneys and shareholders from this shameless campaign of lies and governmental interference in the judicial process. Meanwhile, the Company demands impartiality and fairness in the exercise of judicial power and that the Ecuadorian State respect respect and comply with the agreements and contracts it has signed.

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