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Jimma Times (Ethiopia): ETHIOPIAN Employees accuse Shell of raiding retirement fund

Published 12/17/2007 – 3:02 a.m. EST
A litigation was brought against Shell by a trade union representing 90% of its Ethiopian employees.  published an article about the story.

The organization says its objective is to persuade Shell management to stand by the Shell Statement of General Business Principles pledging among other things, honesty, integrity and transparency in all of its dealings.

“If Shell senior management did operate on that basis, the reserves fraud and other scandals which have badly damaged the reputation of the oil giant in recent times could never have happened. The latest scandal stems from a decision by Shell management to unilaterally change the terms of an early retirement scheme for its Ethiopian employees.”

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