Texaco settles in pounds 350m race claim

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The Independent Online
Texaco, the giant US oil company, yesterday settled a $520m (pounds 350m) race-discrimination claim after it was disclosed that executives had been caught on tape denigrating blacks and talking about destroying documents in the case.

The lawsuit was filed in 1994 on behalf of 1,400 minority employees. It alleged that black employees had been held back by an "old boy" network, and the plaintiffs claimed to have a recording of executives using the word "niggers" and "black jelly beans". The terms of the settlement were not revealed last night. AP - White Plains, New York