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Posts on ‘October 10th, 2011’

Shell Pension Fund Joins Appeal of ‘Feeder Fund’ Ruling by Madoff Judge

By Linda Sandler – Oct 10, 2011 8:30 PM GMT+0100 Shell Pension Fund, which runs pension plans for Royal Dutch Shell Plc (RDSA) companies, joined an appeal of a court ruling in the Bernard Madoff case that denied customer status to so-called feeder fund investors. U.S. Bankruptcy Judge Burton Lifland backed the liquidator of the [...]

Shell issues Forcados production warning in Nigeria due to sabotage

Shell issues Forcados production warning in Nigeria due to sabotage, lifts Bonny Light warning By Associated Press, Updated: Monday, October 10, 6:30 PM LAGOS, Nigeria — Royal Dutch Shell PLC is warning it can’t meet Forcados crude production goals in Nigeria, after shutting down production on one of its pipelines in the oil-rich southern delta. A Shell [...]

Grieve must not terminate UK-Saudi bribery investigation

Transparency International 10 October 2011 In the wake of serious bribery allegations involving GPT, the UK subsidiary of European defence company EADS, and the Saudi Royal family, Transparency International UK is calling on the Government to support a full investigation by the Serious Fraud Office (SFO). The Attorney General is reportedly deliberating over whether the [...]