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Today in legal history...

Tuesday, October 11, 2011

Hungary CEO arrested over chemical spill
Clay Flaherty at 12:00 AM ET

On October 11, 2010, Hungarian police arrested Mal Rt CEO Zoltan Bakonyi on charges of criminal negligence in connection to the Akja chemical spill. Nearly 200 million gallons of waste were released after a reservoir cracked at the company's Akja alumina refinery. The chemical spill killed eight people and injured hundreds more. The toxic spill also spread to the Danube River, leading to environmental damage that is predicted to take years to clean up. On October 13, 2010, Bakonyi was released from police custody and no charges were filed against him. Mal Rt was fined $647 million for environmental damages stemming from the disaster.

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