PARIS — France will pay $1.9bn to settle claims by former slaves who say it failed to enforce the countrys slave trade law.
The court decision on Monday means that it will be able to dismiss lawsuits brought by people who were forced to work for their masters and that could lead to a big increase in the value of France’s property.
In addition, it will allow some former slaves to claim a $3,000 annual payment from the state to compensate them for their time and labour.
In total, France’s government will pay out $3bn.
In 2015, it paid out $1bn.