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Posts under ‘Sir Mark Moody-Stuart’

Widows Hold Shell Liable for ‘Judicial Murder’

By John Donovan

In the last 24 hours, Royal Dutch Shell companies in The Netherlands, the UK and Nigeria have all been served legal proceedings by a human rights law firm, Prakken d’Oliveira.

An extract from an English version of the Writ of Summons is provided below. The content is a further hammer blow to Shell’s already shattered reputation arising from its past activities in Nigeria e.g. OPL 245.  Basically the “judicial murder” of the “Ogoni 9” has come back to haunt Shell again.

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Shell’s dismal track record on transparency

“Shell is very different from Enron. We were criticized for that some time ago and I’’m glad we have a absolutely rock-solid way we do business. It’s all completely transparent, as far as Shell is concerned.”

By John Donovan

Following publication of my article Shell false pledges of transparency and openness contributors to this website have been accused of hating Shell. That is not the case.

Many of us do, however, take great exception to the hypocritical claims made by successive RDS Chairman and CEO’s over many years that Shell operates within an ethical code – the General Business Principles – which includes a pledge of transparency.

Shell Group Chairman Sir Mark Moody-Stuart preached transparency while conspiring with senior colleagues to hide information from Shell shareholders.

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Dubious Corporate Legacy of Sir Mark Moody-Stuart

Screen Shot 2016-02-18 at 14.41.35By John Donovan

Interesting to read that seven years after the departure of Sir Mark Moody-Stuart (right) as chairman of the mining giant Anglo American, the company is in difficulties.

See Dow Jones news article: Anglo American to Downsize Further After Steep Loss.

Apparently the troubled company is in the throes of “an aggressive restructuring.”

Reminiscent in some respects of the state of affairs at Shell during and after the tenure of Sir Mark as Group Chairman.

The Wall Street Journal reported in November 2004 “How Shell’s Move To Revamp Culture Ended in Scandal.

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Saudi Arabia’s Giant & Secretive Oil Company, Saudi Aramco

By John Donovan

Interesting to read the news today that the repressive and barbaric Saudi regime is considering publicly listing the state-owned oil company Saudi Aramco. 

The headline on one such article is: “Saudi Arabia’s Giant & Secretive Oil Company May Go For IPO

It is ironical under the circumstances that retired Royal Dutch Shell Chairman Sir Mark Moody-Stuart, the long-time claimed champion of transparency and ethics, is a member of the Saudi Aramco board

His late brother George Moody-Stuart was the highly respected Chairman of Transparency International. 

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