Mail on Sunday: Chairman Jeroen van der Veer in frame over Shell scandal – could lead to 20 years in jail
Patrick Tooher,
6 June 2004
SHELL chairman Jeroen van der Veer could face criminal prosecution in the US after signing accounts that massively overstated oil and gas reserves.
The revelation is another blow to Shell. Throughout the reserves fiasco, it has presented van der Veer as Mr Clean.
Van der Veer is bound to be questioned again about his role in the scandal when he meets leading shareholders this week.
Financial Mail has established that van de Veer, ex-chairman Sir Philip Watts and former finance director Judy Boynton put their names to statements required by the Sarbanes-Oxley Act. The Act came into force in 2002 after the WorldCom and Enron scandals.