Eni is facing a number of charges in the year 2018. The largest and most well-known case is that of Eni’s corruption allegations in relation to the purchase of OPL 245 in Nigeria. Where it is alleged that Eni and Shell conspired with the government of Nigeria and made illegal payments to secure the offshore oil block 245. ... →
Norilsk Nickel, as reported in our previous Dirty Profits 5 report , has had serious concerns in relation to environmental pollution and health problems for the local population. In 2009, the Norwegian Government Pension Fund excluded Norilsk Nickel due to severe environmental degradation at the company’s Polar Division and in particular surrounding the City of Norilsk. ... →
Investigations by the FBI into the alleged Russian manipulations of the 2016 US presidential elections are now including the Deutsche Bank. There is a suspicion that the bank’s loans to the US President have ties to the Russian government. According to a report by the Handelsblatt, FBI special investigator Mueller has applied for a subpoena, compelling the release of material. ... →
As reported by n-tv and Handelsblatt the attorney general of Frankfurt authorised raids on offices in the Commerzbank headquarters as well as 3 private houses of accused individuals in the second week of November. The raid was based on the suspicion that Commerzbank evaded taxes by Cum-Ex trading in the past.
The attorney general claims investigations showed multi-billion Euro deals closed between 2006 and 2010 which evaded taxes of about 40 million Euros. ... →
In February 2017, the Dirty Profits report documented numerous violations by Tahoe Resource Inc at their Escobal mine in Guatemala. Including evidence that since Tahoe Resources acquired the Escobal silver project in southeastern Guatemala in 2010, it has given rise to local opposition, as well as systematic repression, violence and criminalization against community members concerned about the human and environmental impacts of mining. ... →
Recent investigations by the South African investigative journalist group, amaBhungane, have found evidence of multinational companies in South Africa providing illegal payments to secure contracts with the government owned transport and logistics company, Transnet. The companies that currently stand accused include the German companies SAP and T-systems, as well as the Swiss based Liebherr International AG, China South Rail, Shanghai Zhenhua, McKinsey and Neotel. ... →