Syngenta faces billion-dollar lawsuits after ruining U.S. corn exports with GMO contamination - NaturalNews.com
(NaturalNews) Just when one of the world's top agricultural chemical and GMO seed producers was getting of lightly with Cargill for destroying the US corn exporter's market to China, others piled on with three seperate class action lawsuits of $1 billion each.
China has recently been the focus of exporting lots of corn from the USA, especially since China had decided to accept even GM corn since 2010. But by 2013, China's mood had changed. They have officially mandated that no new strains of GM crops will be accepted or licensed in China.
Cargill filed a lawsuit against Syngenta for $90 million September 2014 for damages against export trade losses due to China's refusal of more than 1.4 million metric tons of corn after finding traces of GMO Agrisure Viptera (MIR162), designed to create its own insecticide.
It turned out that China had not approved this GM corn line by Syngenta. So they righteously refused to receive the shipments.
You may wonder how come such a low claim of $90 million was filed for so much corn denied from Cargill's shipments over several months. It's because Cargill managed to get many of those shipments dropped off elsewhere in that region. That's how Syngenta got off light with Cargill.
