BNP Drops as Sudan Verdict Raises Fear of Costly Settlement (2)

Oct. 20, 2025, 7:19 PM UTC

BNP Paribas SA plummeted after a court ruling linked it to human rights abuses in Sudan, triggering speculation the firm will ultimately have to pay billions of dollars to settle related cases.

A jury in Manhattan federal court on Friday found the bank liable “for its role in enabling the genocide committed against Black African civilians in Sudan by the al-Bashir dictatorship from 2002 to 2008,” according to a statement from the law firm Hausfeld, which represents them.

The jurors awarded a total of about $21 million to the three, identified as Abulgasim Abdalla, Entesar Osman Kashef and ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.