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Corporate Governance

Shell is not above the law on paying tax says Dutch lawmaker

Shell refuses to come. That reinforces the suspicions that it is avoiding tax on a large scale, “says Nijboer. According to him, companies like Shell should respond to a request from the House of Representatives. “Shell is not above the law.”

Printed below is an English translation of an article published today by the Dutch FT, Financieele Dagblad.

Shell refuses to account in the Chamber for tax assessment

Van onze correspondent: 10 April 2019

Shell refuses to appear next week at a hearing from the House of Representatives on the taxation of multinationals. Marjan van Loon, CEO of Shell Netherlands, informed the Standing Committee on Finance that had invited her to know that she had to deal with a representative of the VNO-NCW entrepreneurial organization.

In the Chamber, Henk Nijboer from the Labor Party responded indignantly. “It is unprecedented that Shell refuses to come. That reinforces the suspicions that it is avoiding tax on a large scale, “says Nijboer. According to him, companies like Shell should respond to a request from the House of Representatives. “Shell is not above the law.” read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell’s intent to ‘kill’ news coverage of John Donovan and his website

By John Donovan

Shell internal email communications obtained from Shell under the UK Data Protection Act 1998 provide proof of Shell’s intent to “kill” news coverage of John Donovan and his website, royaldutchshellplc.com.

Please read this Shell internal email about a half page news article written by then Sunday Times journalist Steven Swinford. It clearly indicates Shell’s intent to “kill” the article.

The article was about my intervention in the Sakhalin 2 project, which cost Shell its majority stake in the venture. Although the entire article was read to me over the phone by Steven Swinford hours before it was due to be published, it never appeared. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Chief executives can’t expect huge rewards just for being lucky

Last week it emerged that Ben van Beurden received more than €20 million as Royal Dutch Shell boss for 2018. This prompted howls of outrage from the usual sources.

G

Napoleon Bonaparte and Dwight Eisenhower said they wanted lucky generals rather than great ones. FTSE chairmen, however, seem to have little interest in luck when it comes to their chief executives.

That is one conclusion to draw from the debate about executive pay that is reigniting as we enter AGM season. Last week it emerged that Ben van Beurden received more than €20 million as Royal Dutch Shell boss for 2018. This prompted howls of outrage from the usual sources. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Outrage over Shell CEO monster pay package

Shell’s CEO Ben van Beurden bows to Russian Leader Putin: Good Friday, 18 April 2014

Yesterday the Dutch newspaper Financieele Dagblad published a truly devastating article Shell gas leaks, fires and accidents about Shell playing fast and loose with the health and lives of its employees. Today there is mass coverage of the outrage over the £17m pay package awarded to Shell CEO Ben van Beurden. The revulsion also has to be seen against the damaging litigation engulfing the energy giant, including OPL 245 corruption charges and a related raid on Shell HQ involving BvB and his then CFO, Simon Henry. Both were embarrassed by a wiretapped conversation between them discussing obstructing the investigation and the revelation by BvB that Shell had hired hapless former MI6 “people” who had been cavalier with Shell’s OPL 245 secrets. Why is Shell rewarding such behaviour, which is completely at odds with Shell’s claimed business principles?  

Shell chief’s pay doubles to 143 times average UK employee’s

The chief executive of oil-company Shell saw his pay more than double last year to more than €20m (£17m). Ben van Beurden’s total salary in 2017, which was approximately €9m, prompted a shareholder revolt. The raise comes as the company increased its annual profits by almost $10bn and is largely down to long-term incentives kicking in. Dutchman Mr van Beurden’s pay is now 143 times larger than the average Shell employee in the UK. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell Annual Report 2018: PESTICIDE LITIGATION

…there remains a high degree of uncertainty regarding the potential outcome of some of these pending lawsuits, as well as their potential effect on future operations, earnings, cash flows and Shell’s financial condition.

Shell Annual Report 2018: PESTICIDE LITIGATION

PESTICIDE LITIGATION
Shell Oil Company (SOC), along with another agricultural chemical pesticide manufacturer and several distributors, has been sued by public and quasi- public water purveyors alleging responsibility for groundwater contamination caused by applications of chemical pesticides. There are approximately 45 such cases currently pending. These suits assert various theories of strict liability and negligence, and seek to recover actual damages, including drinking well treatment and remediation costs. Most assert claims for punitive damages. While the Company continues to vigorously defend these lawsuits, a new environmental regulatory standard became effective in the State of California, where a majority of the suits are pending. The new standard requires public water systems state wide to perform quarterly or monthly sampling of their drinking water sources for a chemical contained in certain pesticides, beginning in January 2018. Water systems deemed out of compliance with the new five parts per trillion regulatory standard must take corrective action to resolve the exceedance or take the potable water source out of service. In response to this new regulatory standard, the Company is monitoring the sampling results to determine the number of wells potentially impacted. Based on the claims asserted and SOC’s track record, with regard to amounts paid to resolve varying claims, management does not expect the outcome of these lawsuits pending at December 31, 2018, to have a material adverse impact on Shell. However, there remains a high degree of uncertainty regarding the potential outcome of some of these pending lawsuits, as well as their potential effect on future operations, earnings, cash flows and Shell’s financial condition. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

OPL 245: Shell Annual Report 2018: NIGERIAN LITIGATION 

In February 2019, we were informed by the Dutch Public Prosecutor’s Office (DPP) that they are nearing the conclusion of their investigation and are preparing to prosecute Royal Dutch Shell plc for criminal charges directly or indirectly related to the 2011 settlement of disputes over OPL 245 in Nigeria. Investigations by authorities in other jurisdictions are ongoing.

Any violation of the US Foreign Corrupt Practices Act or other relevant anti-bribery, anti-corruption or anti-money laundering legislation could have a material adverse effect on Royal Dutch Shell plc’s earnings, cash flows and financial condition.

Shell Annual Report 2018: NIGERIAN LITIGATION

NIGERIAN LITIGATION
Shell subsidiaries and associates operating in Nigeria are parties to various environmental and contractual disputes brought in the courts of Nigeria, England and the Netherlands. These disputes are at different stages in litigation, including at the appellate stage, where judgements have been rendered against Shell entities. If taken at face value, the aggregate amount of these judgements could be seen as material. Management, however, believes that the outcomes of these matters will ultimately be resolved in a manner favourable to Shell. However, there remains a high degree of uncertainty regarding these cases, as well as their potential effect on future operations, earnings, cash flows and Shell’s financial condition. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

MOSOP Rejects Oil Resumption, NNPC/NPDC Take Over of Ogoni Oilfields

…peace-loving Ogoni citizens whose lives have been rendered miserable by years of state repression and environmental devastation from Shell’s long years of pollution.

MOSOP Rejects Oil Resumption, NNPC/NPDC Take Over of Ogoni Oilfields

Movement for the Survival of the Ogoni People (MOSOP) wishes to express its strong rejection of the directive by the Nigerian President for the NNPD/NPDC takeover of Ogoni oilfields and the resumption of oil production in Ogoni as reflected in a communication by the Chief of Staff to the President Abba Kyari.

Indeed, it is appalling that despite the severe impact this directive will have on the lives of the Ogoni people, this decision had been taken without consultations with the Ogoni people nor were our inputs sought in such a crucial issue that affect our lives. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Royal Dutch Shell Plc admitted in 2017 that ‘various’ countries are investigating OPL 245 scandal

By John Donovan

Printed below are extracts from Shell’s Annual Report and Form 20-F 2016 relating to the OPL 245 corruption scandal. Shell confirmed that authorities “in various countries” are investigating its investment in Nigerian Oil Block OPL 245. 

Page 15

Authorities in various countries are investigating our investment in Nigerian oil block OPL 245 and the 2011 settlement of litigation pertaining to that block. On January 27, 2017, the Nigeria Federal High Court issued an Interim Order of Attachment for oil block OPL 245, pending the conclusion of the investigation. Shell has applied to discharge this order on constitutional and procedural grounds. On February 14, 2017, we received notice of the request of indictment from the Italian prosecution office in Milan with respect to this matter. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell To Face Charges in the Netherlands For Nigerian Oil Deal

Both companies are also in court in London, where the Nigerian government is suing for more than $1 billion in an attempt to reclaim the money it says belongs to the Nigerian people.

Published: Monday, 04 March 2019

Royal Dutch Shell is to be prosecuted in the Netherlands over alleged corruption in a US$1.3 billion Nigerian oil deal, a case already standing trial in Italy.

Shell announced on Friday that the Dutch Public Prosecutor’s Office is preparing to prosecute “for criminal charges directly or indirectly related” to the deal. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Criminal case against Shell for Moerdijk explosion

The Dutch Public Prosecution believes Shell should be prosecuted because the company could have prevented the accident. ‘If Shell had taken all the measures, such an explosion could not have happened. By acting in this way, they have put workers and people in the environment at risk, ‘reports a spokesperson for the Public Prosecution Service. The criminal case against Shell is scheduled at the court session in Den Bosch on 14 and 16 May 2019.

Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele Dagblad.

Shell also in court because of an explosion at Moerdijk

By Bert van Dijk and Vasco van der Boon

Shell is not only under fire from the authorities because of possible bribery in Nigeria, but also because of an explosion in June 2014 at Shell Moerdijk. The Public Prosecutor has summoned Shell Dutch Chemical for this explosion. This is reported by the Dutch Public Prosecution Service (OM) in response to questions from the FD.

Except for the explosion, Shell will also be brought to justice for the temporary excessive emissions of the toxic substance ethylene oxide in 2015 and 2016.

Nigeria

Earlier Friday it was announced that the OM is preparing a criminal case against Shell for corruption in Nigeria. That criminal investigation into Shell has not yet been completed, but according to the current investigation, according to the Public Prosecution Service, there are already prosecutable offences. ‘We will continue’, according to the spokesman on the Nigeria issue. “Only the way in which is not yet clear.” The investigation could result in a settlement or a criminal case. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Dutch State prosecuting Shell in two separate cases

The investigation into corruption by Shell in Nigeria has not yet been completed, but according to the current investigation, according to the Public Prosecution Service, there are already prosecutable offences.

Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele Dagblad.

Public Prosecution Service is taking Shell’s attention

Bert van Dijk and Vasco van der Boon

The Dutch State will prosecute Shell in two separate cases. The oil and gas multinational is under fire from the Public Prosecution Service (OM) because of possible bribery in Nigeria in 2011 and because of an explosion in June 2014 at Shell Moerdijk. The Public Prosecution Service has announced this on Friday.

Shell has already been summoned for the explosion in Moerdijk. Shell is also being taken to court for a leak of the toxic substance ethylene oxide.

Corruption in Nigeria

The investigation into corruption by Shell in Nigeria has not yet been completed, but according to the current investigation, according to the Public Prosecution Service, there are already prosecutable offences. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Dutch Prosecuting Shell after Moerdijk explosions

Shell is being charged with a major explosion at the Moerdijk plant in 2014. Apart from the explosion, the oil and gas company was also summoned for the leakage of the toxic ethylene oxide from November 2015 to January 2016 in the same industrial area. The Public Prosecutor confirmed that Friday.

English translation of a Dutch article published by ncr.nl

Prosecuting Shell after Moerdijk explosions

Erik van der Walle: March 2, 2019

Shell is being charged with a major explosion at the Moerdijk plant in 2014. Apart from the explosion, the oil and gas company was also summoned for the leakage of the toxic ethylene oxide from November 2015 to January 2016 in the same industrial area. The Public Prosecutor confirmed that Friday.

On June 3, 2014 a reactor of the factory in Moerdijk exploded and other explosions and a fire followed by an unexpected reaction between substances. Due to the calamity, two people were injured. The damage went into the millions. The Dutch Safety Board concluded that the company did not pay enough attention to the risks. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Dutch Public Prosecution Service (OM) starts a criminal case against Shell for bribery in Nigeria

Justice invaded the Shell headquarters in The Hague three years ago. Last March, Shell itself filed a report against the Australian former director Peter Robinson, who may have been guilty of corruption in Nigeria. However, that case is about another oilfield.

English translation of an article published today in Dutch by nrc.nl

‘Dutch Public Prosecution Service (OM) starts a criminal case against Shell for bribery in Nigeria’

It is a $ 1.3 billion oil deal from 2011, according to Shell. Some of that money would have ended up with high officials.

Steven Musch: March 1, 2019 at 9:58

The Dutch Public Prosecution Service is going to prosecute oil company Shell for illegal activities in Nigeria, reports the oil company on its website.

The Public Prosecution confirms this but does not yet want to say whether and when a summons is issued.

The company has been informed by the judicial authorities that they are working on criminal prosecution and that the investigation has almost been completed. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

OPL 245: Shell CEO Ben van Beurden in the firing line

In September 2017, four foreign NGOs filed a declaration in the Netherlands against Shell, Van Beurden and three (former) directors. According to lawyer Barbara van Straaten of the law firm Prakken d’Oliveira, this declaration was added to the current investigation by the Public Prosecution Service.: Almost a year ago, Shell itself filed a statement against former director Peter Robinson. According to the group, the Australian would have been guilty of corruption in Nigeria. Robinson is one of the four former Shell employees who stand trial in Milan. Justice in the US and stock market watchdog SEC were also informed.

English translation of a Dutch article published today by ncr.nl

The question is: did Shell know that the money ended up with the politicians?

Corruption The bulk of the purchase price for the Nigerian oil field OPL 245 ended up in the pockets of politicians. Justice thinks it has enough evidence to prosecute Shell.

Hester van SantenErik van der Walle: 1 March 2019 at 1:00

Shell is being prosecuted in the Netherlands because of possible corruption in Nigeria. The oil and gas company announced on Friday morning that it has been informed about this by the Public Prosecution Service (OM). According to a spokesperson for the Public Prosecution Service, “offences” have been committed and there is “enough to prosecute”. The spokesman states that the investigation has almost been completed. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Shell’s Conduct in Ogoni is a Crime Against Humanity – MOSOP

By MOSOP Ogoniland

President of the Movement for the Survival of the Ogoni People (MOSOP), Fegalo Nsuke, has described the conduct of Shell Petroleum Development Company of Nigeria, a subsidiary of Royal Dutch Shell, in Ogoniland as a national shame and crime against humanity.

The MOSOP president Fegalo Nsuke made the assertion in K-Dere in Gokana local government area on Wednesday while conducting journalists around oil spill sites in the Ogoni.

Nsuke said in a country where citizens health and welfare were taken seriously, the oil mining license of Shell should have been withdrawn. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

The crooks at USB Bank and Royal Dutch Shell

Former Shell CEO Peter Voser is an unlucky man. He had the incredible misfortune to be in charge of the bad guys at both corporate giants, Shell and UBS Bank simultaneously, while presumably being personally innocent of any criminal acts? What are the chances of that happening? The question of managerial negligence, twice-over, must surely be another matter?

By John Donovan

Printed below is an article published yesterday by BBC News reporting that the “Swiss banking giant UBS has been fined €3.7bn (£3.2bn; $4.2bn) in a French tax fraud case.”

The article goes on to say that “Following similar cases in the US in 2009 and Germany in 2014, the bank accepted large fines.”

During the period of criminal activity the then Chief Executive Officer of Royal Dutch Shell Plc – Peter Voser – was paid millions of Swiss francs in his role as a director of UBS AG. He was also a member of the governance and nominating committee and of the strategy committee. read more

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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