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Chad hits Exxon Mobil with $74bn fine

Chad orders energy company Exxon Mobil to pay a fine that’s almost five times more than the African country’s GDP. ||| N'Djamena - Exxon Mobil was ordered to pay a record $74 billion fine in Chad for underpaying royalties in the central African nation where the company has been drilling for 15 years, according to a court document. The fine is about five times more than Chad’s gross domestic product, which the World Bank estimates at $13 billion.
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