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Tuesday, January 1, 2008
SCROLLING IMAGES
Shell Controversies
A selection of memorable images associated with the controversial track record of Royal Dutch Shell.
Reserves Fraud
Shell’s reputation was destroyed in 2004 after
FIVE consecutive cuts
to its hydrocarbon reserves covering 55% of its total reserves. US and UK financial regulators imposed
$150 million in fines
on Shell for securities fraud. Shell was also rocked by
class action lawsuits.
Sir Philip Watts
and Walter van de Vijver (whose headcut images appear courtesy of The Wall Street Journal) were among the Shell executives forced to resign. More details at the foot of this column.
The TRUTH will set you FREE.
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