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CorpWatch Exclusives : Displaying 21-40 of 717


Fashion District Businesses Accused of Laundering Mexican Drug Money
by Richard SmallteacherCorpWatch Blog
September 30th, 2014
One thousand law enforcement officers staged an early morning raid on dozens of businesses in Los Angeles fashion district to seize $65 million allegedly derived from drug trafficking. QT Fashion, a company that imports wholesale maternity wear from China to Mexico, provided a key to the money laundering scheme.

Federal Regulators Failed to Police Goldman Sachs, Says Whistleblower
by Pratap ChatterjeeCorpWatch Blog
September 26th, 2014
Carmen Segarra, a former senior examiner with the Federal Reserve Bank of New York, has revealed how government regulators failed to adequately police Goldman Sachs, the Wall Street investment bank. (The Federal Reserve is the central banking system of the U.S. chartered by Congress to supervise private banks)

Amazon Workers in Germany Strike for Better Pay
by Richard SmallteacherCorpWatch Blog
September 23rd, 2014
Some 2,000 German employees of Amazon, the internet retail giant, walked off their jobs this week at four sites - Bad Hersfeld, Graben, Leipzig and Rheinberg. The strike action was coordinated by Vereinte Dienstleistungsgewerkschaft (United Services Union), a Berlin trade union commonly known as Ver.di.

Kosmos Energy Prepares to Drill for Oil in Disputed Western Sahara
by Pratap ChatterjeeCorpWatch Blog
September 19th, 2014
Kosmos Energy, a Texas oil company, is preparing to drill for oil in Western Sahara, a disputed territory currently controlled by Morocco. The company has dispatched a state of the art oil rig to begin operations later this year, according to Western Sahara Resource Watch (WSRW), an activist group.

Actavis Sued To Stop Forced Switch To New Alzheimer's Drug
by Richard SmallteacherCorpWatch Blog
September 16th, 2014
Actavis, the world's third-largest generic drug manufacturer, has been sued by New York state to prevent it from forcing patients to take a new version of a popular Alzheimer's drug. The company is attempting to hook patients on an extended release version before its U.S. patent expires next year.

Migrant Rights Activist Fights Thai Pineapple Company Lawsuit
by Pratap Chatterjee
September 12th, 2014
Natural Fruit, one of Thailand’s largest pineapple processors, has sued Andy Hall, a British researcher, over a report that he worked on for Finnwatch on labor abuses in the industry. Hall faces some seven years in jail and $10 million in fines.

“Operation Car Wash” Uncovers Alleged Political Bribery by Petrobras
by Richard SmallteacherCorpWatch Blog
September 9th, 2014
Paulo Roberto Costa, former head of Petrobras' refining and supply unit, has named dozens of politicians who allegedly took bribes from the Brazilian company. Costa claims that Petrobras paid out three percent of the value of new contracts to the politicians in return for favorable votes for the government.

Fast Food Workers Hold Biggest Ever Strike For Wages in U.S.
by Pratap ChatterjeeCorpWatch Blog
September 5th, 2014
Hundreds of low wage fast food workers were arrested at strikes and protests in some 100 cities around the U.S. on September 4. They were demanding that companies like Burger King, KFC, McDonald's and Wendy's pay workers a living wage of $15 an hour.

Ten Killed At African Barrick Operations in Tanzania
by Richard SmallteacherCorpWatch Blog
August 26th, 2014
As many as 10 people have been killed by police this year at African Barrick Gold's operations in Tanzania, according to a new report from two NGOs - MiningWatch Canada and Rights and Accountability in Development (RAID) in the UK.

Bank of America to Pay $16.65 Billion to Settle Mortgage Fraud Charges
by Pratap ChatterjeeCorpWatch Blog
August 21st, 2014
Bank of America has agreed to pay the government $9.65 billion to settle charges of misleading investors over mortgage lending in the run up to the 2008 financial crisis. The bank will also pay out an additional $7 billion to help borrowers and communities affected by the loans.

Gilead Sciences Under Investigation for Over Charging for Hepatitis C Pill
by Pratap ChatterjeeCorpWatch Blog
July 21st, 2014
Gilead Sciences of San Francisco is under investigation by the U.S. Senate Finance Committee for charging $84,000 for a 12 week course of a new drug to treat hepatitis C. Gilead sells the exact same course for $900 in poor countries like Egypt and India.

Coca-Cola Forced To Shut Bottling Plant in India
by Fatima HansiaCorpWatch Blog
July 10th, 2014
Coca-Cola, the world’s largest beverage producer, has been ordered to shut down its bottling plant in Varanasi, India following local complaints that the company was drawing excessive amounts of groundwater. After an investigation, government authorities ruled that the company had violated its operating license.

Hacking Team Malware Targeted Saudi Arabia Protestors
by Pratap ChatterjeeCorpWatch Blog
June 27th, 2014
Malicious software from Hacking Team of Italy that can be used to spy on cell phones has been found by Citizen Lab activists to have been used to target people in Saudi Arabia. The software was bundled into a fake phone application for Qatif Today, a local news site.

Soco International Says It Will Cancel Oil Exploration in Congo's Virunga Park
by Fatima HansiaCorpWatch Blog
June 23rd, 2014
Soco International PLC, a UK oil company, has claimed that it will halt oil exploration in Virunga National Park in the Democratic Republic of the Congo (DRC), following complaints by local communities and the World Wide Fund for Nature (WWF) about the potential environmental impact.

Argentina Loses Court Appeal Against “Vulture” Fund Manager Paul Singer
by Pratap ChatterjeeCorpWatch Blog
June 20th, 2014
Paul Singer, the billionaire hedge fund manager, has claimed victory in a lawsuit to force Argentina to fork out almost 17 times more than he paid to buy bonds issued by the country.

Papua New Guinea Landowners Win Lands Back From Malaysian Palm Oil Plantation
by Fatima HansiaCorpWatch Blog
June 16th, 2014
A Papua New Guinea (PNG) court revoked two 99 year land titles awarded to Kuala Lumpur Kepong (KLK) of Malaysia to develop palm oil plantations on 38,350 hectares of land in Collingwood Bay in Oro province following complaints of land grabbing by customary landowners.

Chevron Cancels Bulgaria Fracking, Shell Postpones Ukraine Plans
by Richard SmallteacherCorpWatch Blog
June 12th, 2014
Fracking for oil and gas across Europe has suffered a series of setbacks with Chevron closing its offices in Sofia, Bulgaria, and Shell postponing fracking plans in the Ukraine by at least two years. Meanwhile the French government is standing firm in its opposition to fracking.

G4S To End Israel Prison Contracts Following Protests
by Pratap ChatterjeeCorpWatch Blog
June 8th, 2014
G4S, the Anglo-Danish security contractor, has agreed to withdraw from prison work in Israel after activists disrupted the company annual general meeting for the second year in a row. The company is also under fire for ill-treatment of detainees in the UK, including the death of an Angolan man.

U.S. Congress Did Less for Corporate Accountability in 2013
by Corporate Accountability Coalition
June 4th, 2014
The U.S. Congress saw no progresses toward corporate accountability and reining in corporate influence over public institutions in 2013, according to the newly released Corporate Accountability Coalition (CAC) Congressional Report Card.

El Salvador Construction Contractor Builds Houses for Wealthy with UK Aid
by Fatima HansiaCorpWatch Blog
May 31st, 2014
An investment branch of the UK’s Department for International Development (DFID) aid agency has come under fire for subsidizing Avance Ingenieros to build elite housing projects in El Salvador at the expense of the UK taxpayer, according to an investigation by the Guardian newspaper.

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