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Posts under ‘Ben van Beurden’

Ben van Beurden distracted by a wiretapping incident

Extract from an email reply sent by John Donovan, 18 April 2017

Sorry, Sheikh Irfan Abdullah

If the Chief Executive of Royal Dutch Shell Plc cannot even be bothered to give you the courtesy of a response, there is nothing I can do other than publishing this correspondence, including your complaint. I guess he must have other matters to deal with that he considers more important. He has recently suffered the embarrassment of being caught in a wiretap intercept instructing a fellow Shell director to withhold any Shell internal evidence from police investigating a $1.3bn Nigerian corruption scandal in which Shell is a key player. Hence his distraction. Poor chap panicked after Shell HQ offices were raided. 

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Unsubstantiated allegations against Shell CEO Ben van Beurden

By John Donovan

On 13 April I received a serious allegation by “David Byrne” made against Shell CEO Ben van Beurden. It was submitted for posting on the Shell Blog.

The comments in question will not be published unless verifiable supporting evidence is supplied. In that event, I would investigate further. I invite “David Byrne” to provide such evidence.

As far as I am aware in relation to the OPL 245 corruption scandal, BvB is guilty only of cover-up tactics, gross hypocrisy and a failure to take proactive measures to deal with the unfolding PR debacle.

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Can Shell CEO Ben van Beurden Survive OPL 245?

Amazing that after that experience, his reaction was to opt for the same cover-up culture/mentality of Shell senior management which led to Watts being escorted from Shell Centre in London by security staff.

By John Donovan

Ben van Beurden had no involvement in the $1.3bn OPL 245 corruption scandal until after he became Chief Executive Officer of Royal Dutch Shell Plc. He was not involved in the shady negotiations or the eventual deal.

Based on what he said in the surreptitiously recorded telephone conversation with his then-subordinate Simon Henry, the then Chief Executive of the company, he is, however, guilty of cover-up tactics and gross hypocrisy.

The intercepted call took place on the day that Shell’s Netherlands HQ was raided. The police spent hours searching his office and removed a folder of documents.

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Headline selection on Shell OPL 245 debacle

Nigeria: Malabu Scandal – After Telling Lies for Years, Shell Admits It Knew Etete Would Benefit From $1.1 Billion: PremiumTimes

After repeated denials in various countries, Anglo-Dutch oil giant, Royal Dutch Shell, on Monday finally admitted it had foreknowledge that the $1.3 billion itself and ENI paid to Nigerian government for the OPL 245 oil block licence would ultimately be used to settle convicted former Minister of Petroleum, Dan Etete.

Shell dealt with money-launderer to ‘resolve impasse’: EveningStandard

Only 24 hours after claiming it had no knowledge of “improper payments” to a convicted money-launderer over a $1.3 billion (£1.1 billion) oil field acquisition in Nigeria, Shell has admitted it had known it was dealing with the controversial figure but doing so was “the only way to resolve [an] impasse”.

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OPL 245 Scandal: Wiretapped phone call between Ben van Beurden and Simon Henry

By John Donovan

On 17 February 2016, Shell CEO Ben van Beurden and his scandal-prone CFO Simon Henry thought they were having a private telephone discussion about a dawn raid carried out by Dutch police on the HQ of Royal Dutch Shell Plc in the Hague.

The raid was in relation to the $1.3 bn OPL 245 oil block Nigerian corruption scandal involving Shell, ENI and Nigerian fraudsters, including former Nigerian Oil Minister Dan Etete. Police spent many hours during the raid searching the offices of various Shell executives.

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Shell News Wednesday 5 April 2017

Shell oil sands exit, mired in OPL 245 scandal, wary over Iranian Oil

Links below to a selection of news stories posted on
our sister website royaldutchshellgroup.com.

They include, among other developments, news that Shell is rightly wary of buying more Iranian crude oil. This is because of the legal minefield relating to sanctions. 

Also coverage of the latest news about the OPL 245 Nigerian corruption scandal involving Shell and ENI.

Plus Shell’s fire sale of most of its Canadian oil sands operations and the jump in total pay for Shell CEO Ben van Beurden, an issue likely to be raised at the forthcoming AGM. 

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Shell Multimillionaire CFO Simon Henry Departs Today

UPDATED WITH MORE LINKS: “Simon Henry has loads of money now. Plenty to pay lawyers to sue me for defamation if anything I have stated is untrue. He also has me to thank for the above Daily Mail article.”

By John Donovan

Despite his well-documented role in the Shell oil and gas reserves scandal over a decade ago, Simon Henry clung on and ended up hitting the jackpot when appointed Chief Financial Officer of Royal Dutch Shell Plc. He is departing that job today but will become an employee of Shell International Limited on 1 April 2017, April Fools Day, for a two-month “transition” period. Perhaps he needs the time to count his cash while having a good laugh at Shell investors.

Many millions of dollars including payment for loss of office, various bonus payments and yet more millions from the sale of some of his shares – two helpings, each for over £1m.

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Dysfunction Crisis and Scandal at Shell Norway

Printed below is an EnergyVoice.com article about defects found at Shell’s Norway gas plant. These were uncovered during a recent inspection carried out by The Petroleum Safety Authority of Norway.

Actually, the situation is far more serious. On Saturday I supplied certain related information to Ben van Beurden just in case he has been kept in the dark. The ball is in Shell’s court.

Shell knows I intend to publish an array of leaked communications and other information they would prefer to keep secret.

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Shell’s Role in Irish Police Corruption Scandal

By John Donovan

In April 2013, I informed Alan Shatter, the then Irish Minister for Justice & Equality about widespread corrupt practices involving the Irish police. I received an emailed acknowledgement of the warnings from his then Private Secretary Damien Brennan.

Shortly thereafter Shatter was forced to resign after a state-commissioned report found that both the government and police had failed to properly address allegations of Irish police corruption.

Shell was a corporate sponsor of corruption in Ireland aided and abetted by its then”Mr Fixit” company OSSL, who to this day, freely admit their involvement in distributing bribes on behalf of Shell to smooth the path of the controversial Corrib Gas Project.

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Brexit, Trump, Populism and Royal Dutch Shell Plc

By John Donovan (right)

Brexit and Trump are the most visible current manifestations of populism – examples of ground-breaking nationalist movements backed by a large proportion of a voting population.

Populism is on the rise in a number of EU countries including Germany, France and the Netherlands, where there is mounting concern over PVV leader Geert Wilders.

What is described as “encroaching populism and negativism” is apparently viewed as a serious threat by Dutch multinationals, including Shell, Philips and Unilever.

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Royal Dutch Shell CEO: Dividends No Longer No.1 Priority

One of our regular contributors has picked up on a priority switch by Shell senior management which may frighten shareholders in Royal Dutch Shell Plc.

During an interview with Michelle Fox of CNBC earlier today, Ben van Beurden the Chief Executive Officer of the company said: In terms of debt paydown and covering of dividends two important priorities – Debt No 1, Dividend No 2. 

Michelle Fox asks… When you say Dividend is number two does this mean you could change the level going forward?  Mr Van Beurden made reassuring noises about the dividend but noticeably did not backtrack on his relegation of dividend payment levels to being a secondary priority

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