Royal Dutch Shell is expected to pay around $30 million in penalties to settle charges stemming from its use of Panalpina as an agent in Nigeria, the paper reported. NASDAQ By Joseph Palazzolo, Of DOW JONES NEWSLETTERS The Justice Department and the Securities and Exchange Commission are close to announcing settlements in several foreign-bribery cases [...]
Posts Tagged ‘Bribery’
Royal Dutch Shell plc under Investor Investigation over possible Foreign Bribery
Investigation on behalf of current long term investors in Royal Dutch Shell plc (ADR) (NYSE:RDS.A) over possible foreign bribery RDS.A stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com After the U.S. Department of Justice begun looking into allegations against Royal Dutch Shell plc (ADR) as a customer of Panalpina Group in connection with possible foreign bribery [...]
Royal Dutch Shell bribery and corruption in Nigeria
Shell, the Anglo-Dutch energy giant, is expected to pay around $30 million in penalties to settle charges stemming from its use of Panalpina as an agent in Nigeria… Law Blog October 15, 2010 The FCPA Steamroller Nears Panalpina, Royal Dutch Shell We began hearing that the Justice Department was ramping up its enforcement of the [...]
Settlements Near In Bribery Case
Shell, the Anglo-Dutch energy giant, is expected to pay around $30 million in penalties to settle charges stemming from its use of Panalpina as an agent in Nigeria, these people said. OCTOBER 15, 2010 By KARA SCANNELL And THOMAS CATAN WASHINGTONA big Swiss shipping and logistics company and Royal Dutch Shell PLC, one of its [...]
U.S. Cracks Down on Corporate Bribes
Among the companies currently under Justice Department review: Sun Microsystems Inc. and Royal Dutch Shell PLC…
The Real Modern Pirates? MNCs Beyond the Rule of Law
The Ogoni Nine were hanged in 1995 after a show “trial” before a special military tribunal, which was based on fabricated charges and testimony from witnesses bribed by Shell.
Shell warns of US probe into corruption claims
Royal Dutch Shell, the Anglo-Dutch oil and gas giant was yesterday forced to warn shareholders about an ongoing investigation by US authorities over allegations that bribes were paid to Nigerian customs officials on behalf of the company.
Halliburton to Pay $559 Million To Settle Bribery Investigation
The Justice Department says several of the alleged bribes occurred while Mr. Cheney led Halliburton.
Shell in U.S. Gov. Sex, Drugs and Corruption Scandal
In the hard commercial world, Shell is, as always, prepared to do whatever it takes to meet its objectives, whether in the USA (bribery and corruption), Nigeria (fuelling corruption and violence, with no end to the gas flaring), the North Sea (production and profit before offshore worker lives) or in Russia (bribery and corruption on the Sakhalin-2 project).
Shell $5 million USD birthday bribe for the Sultan of Brunei
Royal Dutch Shell has contributed US$5 million towards the establishment of the Health Promotion Centre, which is Brunei’s first ever healthcare resource centre offering a range of innovative and interactive public health education tools and facilities.
OECD ANTI-CORRUPTION REPORT ON UK
British business was branded yesterday with an unprecedented corruption health warning by leading industrialised nations. They were angered by London’s dropping of an inquiry into BAE Systems’ Saudi Arabian arms deals and its failure to pursue other cases of suspected foreign bribery.
Britain’s failure to tackle corruption damned amid new claims against BAE
The detailed analysis in the 75-page OECD report puts British ministers in the dock. The authors, in a team chaired by Swiss law professor Mark Pieth, condemned the UK’s alleged tolerance of corruption.
‘Abysmal’ Bribery Laws Shamed *(take note Shell)
The report is expected to attack the UK’s record in prosecuting companies and individuals who have paid bribes to foreign public officials.
UK slammed for ‘bribery’ inaction *(take note Shell)
The OECD, the only international body enforcing anti-bribery accords, launched a review of UK anti-bribery measures in the wake of the decision of the Serious Fraud Office in 2006 to drop an investigation into BAE Systems over an arms deal with Saudi Arabia.
OECD report deplores UK anti-bribery record *(take note Shell)
…partner States were particularly incensed by the decision to terminate the Serious Fraud Office’s investigation of allegations of bribery involving BAE Systems and the UK-Saudi Al Yamamah arms deal.


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