Monday, February 27, 2012

Companies and Corruption

Pumpjack pumping an oil well near Lubbock, Texas / Flcelloguy at en.wikipedia

Royal Dutch Shell and other natural resources companies have stepped up efforts to counteract planned anti-corruption rules that would force them to disclose payments to governments in countries where they operate ...
The new requirements for US and EU quoted businesses are designed to highlight regimes that receive large sums from selling oil, gas, minerals and forests but then siphon off the proceeds rather than reinvest locally for public benefit...

Andrew Jack and Sylvia Pfeifer ["Resource groups seek to dilute anti-graft rules", Financial Times, 19 February 2012] 
Link1 / Link2

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