The report is expected to attack the UK’s record in prosecuting companies and individuals who have paid bribes to foreign public officials.
Posts on ‘October 17th, 2008’
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.
…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.
Email Received 17 October 2008 Hi there This morning I received a call from RBS informing me that one of my debit cards had been cloned and two attempts to withdraw $500 had been made from an ATM in Australia. The card in question has been used in a point-of-sale transaction on on just two [...]
Chevron’s proposed Gorgon LNG project has already been delayed several years. It was first put on hold in 1998 when the Asian economic crisis hit. More recently, the venture, which includes Royal Dutch Shell Plc and Exxon Mobil Corp., scrapped a timeline for approving and building the plant as they seek to tackle a surge in construction costs.
HOUSTON — This fall, Shell is participating in one of the largest and most successful marketing promotions in McDonald’s history with its MONOPOLY 2008 Game, the National Association of Shell Marketers (NASM) reported.
The $4.75 billion project quickly became known as Londons disarray after Shell pulled out…
SHELL E&P Ireland has abandoned its plan to lay the offshore pipeline for the Corrib gas project, and hopes to resume work next year.
Gazprom, the state-controlled Russian gas group, is threatening to pull out of a deal to buy a stake in a vast east Siberian gas field from TNK-BP, BPs Russian joint venture, saying the stake is likely to be worthless.
Together with other co-chairs – Stephen Green , HSBC chairman, Shell chief Jeroen van der Veer , Bayer chairman Werner Wenning , Maria Ramos , chief executive of South Africa’s Transnet, and Yang Yuanqing , chairman of Lenovo – Mr Murdoch will be helping decide the themes of the event.
The future of the proposed London Array wind farm was thrown into doubt in May when Shell, one of the three initial investors, pulled out of the project as the estimated cost rose from about £1bn to more than £2bn.
Sibir sank 32.9 per cent to 204¾p, valuing the company at £791m. Three months ago it had been worth £3.2bn, bolstered by hopes that Royal Dutch Shell would take a stake.
The action highlights the rising cost of Londons failure to bring bribery prosecutions against its multinationals when other European countries and the US are pursuing their companies.