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Posts under ‘Jorma Ollila’

Rich hypocrite Jorma Ollila joins U.S. investment bank

By John Donovan Jorma Ollila, the departing Chairman of Royal Dutch Shell Plc., has joined a New York based investment bank, Perella Weinberg Partners. I can only assume that they are not concerned by the scandal of his failure to disclose ownership of a Luxembourg company worth €8.2 million. He admitted breaking the law,  but prefers to […]

Shell signs global strategic alliance agreement with CNOOC

(Reuters) – Royal Dutch Shell: Tuesday, 17 June 2014 * Shell and CNOOC sign global strategic alliance agreement * Shell and China National Offshore Oil Corporation (cnooc) announced today that they have signed a global strategic alliance agreement * Under agreement, companies also commit to exploring potential cooperation opportunities in upstream, midstream and downstream * […]

Jorma Ollila, tainted departing chairman of Royal Dutch Shell Plc

“During Ollila’s time at the helm, Shell has spent hundreds of billions on new projects and lavished generous pay deals on its executives, leading to several protest votes by big investors.” By John Donovan The Sunday Times reported on the front page of its business section on 8 June 2014 the news that Shell has […]

Leaving a sinking ship: Royal Dutch Shell Plc

Bichsel will undoubtedly leave shortly, joining Ollila, Rees, Brown, Brinded, Voser, Finlayson, Carne… And when everything starts to collapse, he will at least now have the satisfaction of saying “I told you so”. This is typical for a coward… By John Donovan Earlier today Reuters published comments attributed to Royal Dutch Shell Plc Executive Director, Matthias […]

Shell starts search for successor to chief

Extract from a Financila Times article by Andrew Parker and Guy Chazan published 8 June 2014 One person familiar with the situation said Mr Ollila was planning to step down because of corporate governance rules, and that the timing of his departure had nothing to do with Shell’s recent financial difficulties. Ben van Beurden became the company’s […]

Oil Giant Shell Kicks Off Hunt For New Chair

Extract from a SkyNews article by its City Editor, Mark Kleinman, published Saturday 7 June 2014  Royal Dutch Shell, the biggest company on London’s stock market, has kicked off the hunt for a new chairman. Sky News has learnt that the oil giant has asked Egon Zehnder International, the executive search firm, to identify a […]

Threat by GSOC officer leading investigation of Shell/Irish Police Corruption allegations

Threat against John Donovan by officer leading Garda Ombudsman investigation of Shell/Irish Police Corruption allegations – Mr Johan Groenewald.  Warning by Mr Groenewald about honesty of OSSL before he has even announced the result of his impartial investigation Denial by Mr Groenewald that he tore up OSSL statements As a result of revelations in the […]

Irish Corruption Scandal: OSSL Cessation of hostilities

By John Donovan Last month I supplied OSSL directors with admittance passes for the Royal Dutch Shell AGM in The Hague. I have already published a transcript of the resultant interesting public discussion between Desmond Kane for OSSL (above right) and the two top people at Shell, its CEO Ben van Beurden and Chairman Jorma […]

The most Bilderbergian company of all, Shell Oil

Bilderberg critics are often labelled conspiracy theorists, particularly due to beliefs that the meeting is a sinister attempt by the global elite to concentrate power and establish a global government. (Source) Extract from a Guardian article by Charlie Skelton published 2 June 2014 under the headline: Bilderberg 2014: George Osborne and the man at the centre […]

Ben van Beurden and Jorma Ollila agree OSSL meeting to achieve ‘a happy conclusion’

By John Donovan Printed below is a transcript of a self-explanatory exchange at the Shell AGM this morning involving Desmond Kane representing whistleblower company OSSL and Jorma Ollila (Chairman) and Ben van Beurden (CEO) representing Royal Dutch Shell Plc. Note that Ben van Beurden repeatedly stresses that there is no evidence to support the allegations OSSL is […]

Royal Dutch Shell Chairman Jorma Ollila failed to disclose ownership of Luxembourg company worth €8.2 million

“It will be interesting to see what happens next. If Ollila (right) did not disclose his Luxembourg interests to the authorities, this was presumably because he did not declare them for tax purposes either. So when others within the companies that he leads commit breaches of inconvenient laws, they can presumably use the justification that […]