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Flower Growers in Kenya Strike Against Karuturi Global
by Pratap Chatterjee
October 10th, 2013
Flower growers in Kenya have gone on strike to protest unpaid wages from Karuturi Global, the Indian flower export multinational. The strike is the latest in a series of problems that have caused the company share price to plummet from over Rs39 in 2008 to Rs0.63 in mid-September 2013.

BSGR Investigated for Corruption in Guinea Iron Ore Deal
by Richard Smallteacher
October 4th, 2013
BSGR, an Israeli mining conglomerate, is under investigation for the acquisition of mining rights to the Simandou iron ore deposit in Guinea, said to be the biggest in the world.

U.S. Security Checks Contractor Has Record of Rushing Investigations
by Pratap ChatterjeeCorpWatch Blog
September 27th, 2013
U.S. Investigations Services (USIS), the company that signed off on a background check into Aaron Alexis, the military contractor who shot 12 people dead on a U.S. Navy base in Washington DC last week, has a record of rushing investigations, according to a number of former employees.

JP Morgan Fined Over $1 Billion for Wall Street Scams
by Richard SmallteacherCorpWatch Blog
September 20th, 2013
JP Morgan, the Wall Street investment bank, has been fined $920 million for violating trading laws that were discovered after trader Bruno Iksil (nicknamed the “London Whale”) lost billions in bets last May. It was also fined over $80 million for credit card scams in an unrelated incident.

Privatization Profiteers from Pinochet’s Chile May Yet Face Prison
by Pratap ChatterjeeCorpWatch Blog
September 17th, 2013
Julio Ponce, the billionaire owner of Sociedad Quimica & Minera de Chile (SQM), faces ten years in prison for insider trading. A beneficiary of former dictator General Augusto Pinochet, Ponce is charged with buying company shares at below market prices and selling them at a profit.

ArcelorMittal Must Release Environmental Data on South Africa Steel Plants
by Richard SmallteacherCorpWatch Blog
September 14th, 2013
ArcelorMittal, the global steel giant, has been ordered to hand over documents about the environmental impact of two South African facilities to community activists. The Luxembourg-based company, the largest steel producer in Africa, has been accused of polluting the air and water as well as dumping hazardous waste.

Bumper Year for Corporate Donations Reveals Profit Motives
by Rick CohenCorpWatch Blog
September 10th, 2013
U.S. corporations gave away $18.15 billion in charitable donations in 2012 – a combination of cash, grants, and in-kind goods - up 12.2 percent in nominal terms over the previous year. A closer look reveals profit motives, notably for pharmaceutical companies and retail chain Wal-Mart.

Turning the Table on the Trackers: Wikileaks Sniffs out Spy Salesmen
by Pratap ChatterjeeSpecial to CorpWatch
September 6th, 2013
What was Mostapha Maanna of Hacking Team, an Italian surveillance company, doing on his three trips to Saudi Arabia in the last year? A new data trove from WikiLeaks reveals travel details for salesmen like Maanna who hawk electronic technology to track communications by individuals without their knowledge

Turkmenistan and Oman Negotiated to Buy Spy Software: Wikileaks
by Pratap ChatterjeeSpecial to CorpWatch
September 4th, 2013
Turkmenistan and Oman have been negotiating with a consortium of British, German and Swiss companies to buy “FinFisher” software to spy on phone calls and Internet activity of unsuspecting targets, according to a new trove of documents just released by Wikileaks, the global whistleblowing organization.

Tokyo Electric Power Company Admits Fukushima Failures
by Richard SmallteacherCorpWatch Blog
August 28th, 2013
Tokyo Electric Power Company (Tepco) is facing calls to be shut down for failing to properly manage the environmental catastrophe caused by the meltdown of three of the company’s nuclear reactors in Fukushima, Japan. The disaster was the result of a tsunami triggered by a March 2011 earthquake.

Glimmerglass Intercepts Undersea Cable Traffic for Spy Agencies
by Pratap ChatterjeeSpecial to CorpWatch
August 22nd, 2013
Glimmerglass, a northern California company that sells optical fiber technology, offers government agencies a software product called “CyberSweep” to intercept signals on undersea cables. The company says their technology can analyze Gmail and Yahoo! Mail as well as social media like Facebook and Twitter to discover “actionable intelligence.”

ACLU Reveals FBI Hacking Contractors
by Pratap ChatterjeeSpecial to CorpWatch
August 20th, 2013
James Bimen Associates of Virginia and Harris Corporation of Florida have contracts with the U.S. Federal Bureau of Investigation (FBI) to hack into computers and phones of surveillance targets, according to Chris Soghoian, principal technologist at American Civil Liberties Union's Speech, Privacy and Technology Project.

Samsung Sued for $109 Million For Labor Violations in Amazon
by Richard SmallteacherCorpWatch Blog
August 17th, 2013
Samsung, the South Korean electronics giant, faces a 250 million real ($109) million fine for working condition violations at a plant in the free trade zone of Manaus, the capital of Amazonas state in Brazil.

U.S. Maintains Aid for Contractors in Egypt, Despite Massacre
by Pratap ChatterjeeCorpWatch Blog
August 14th, 2013
Egyptian security forces launched a massive crackdown on pro-democracy protestors killing around 300 people this morning. Despite near universal condemnation for the violence, the U.S. government has refused cut off the multi-billion dollar aid program that pays companies to provide support to the Egyptian government.

Tabasará River Communities Struggle to Halt Panamanian Dam Project
by Jennifer KennedySpecial to CorpWatch
August 10th, 2013
Honduran owned Generadora del Istmo S.A. (GENISA) is almost done with building Barro Blanco- a 28.84 megawatt hydroelectric project - on the Tabasará river in Chiriqui province in western Panama. The indigenous Ngäbe-Buglé community says that the impact of this project on their livelihoods will be devastating.

New Zealand Dairy Exporter Admits Third Contamination Scandal
by Richard SmallteacherCorpWatch Blog
August 5th, 2013
Fonterra, a New Zealand company and the world’s largest dairy exporter, has apologized for exporting a milk formula ingredient contaminated with potentially toxic bacteria. The incident comes six years after a company subsidiary in China sold contaminated baby milk formula that killed six infants and made thousands more ill.

Battle of Balcombe: Opposition to Cuadrilla Resources UK Fracking Plans
by Pratap ChatterjeeCorpWatch Blog
July 31st, 2013
The idyllic village of Balcombe, just south of London, is a stronghold of the Conservative party. Just the sort of place that one might imagine cheering on industry plans to drill for natural gas and applaud the tax breaks that the government has offered to industry.

Halliburton Admits Guilt in Gulf of Mexico Cover-Up
by Richard SmallteacherCorpWatch Blog
July 26th, 2013
Halliburton has admitted that it destroyed evidence after the April 2010 Deepwater Horizon catastrophe in the Gulf of Mexico. The company has agreed to pay a $200,000 fine, make a donation of $55 million to the National Fish and Wildlife Foundation and accept three years of probation.

Commodity Scams: Barclays, Goldman & JP Morgan Under Fire
by Pratap ChatterjeeCorpWatch Blog
July 23rd, 2013
JP Morgan Chase is expected to announce over $600 million in penalties and repayments for allegedly cheating customers in energy markets in California and Michigan. This just after Barclays bank paid out $470 million for manipulating electricity rates. Now Goldman Sachs is under scrutiny for possibly manipulating aluminum prices.

Ethiopian Sugar Alleged to Destroy Pastoral Communities of Lower Omo
by Richard SmallteacherCorpWatch Blog
July 18th, 2013
Ethiopian Sugar Corporation is benefiting from forced resettlement of pastoral people in the Lower Omo Valley - a United Nations cultural heritage site - to make way for new sugar plantations and factories, according to a new report from the Oakland Institute.

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