Construction & Megaprojects

Published by
CorpWatch
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Disaster profiteers make millions while local companies and laborers in New Orleans and the rest of the Katrina-devastated Gulf Coast region are systematically getting the short end of the stick, according to a major new report from the nonprofit CorpWatch. Click here for the press release, to read the text version or to download the report. Read More
Published by
Special to Corp Watch
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Entergy, one of the largest utilities in the U.S., has enjoyed healthy profits since Hurricane Katrina. Yet its New Orleans subsidiary has filed for bankruptcy, and frightened ratepayers with visions of bills bloated to 140% of their pre-storm size. Now the Fortune 500 company is threatening to pull the plug on New Orleans if it doesn't get a $700 million-plus federal bailout it doesn't actually need. Read More
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Special to CorpWatch
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High-ranking officials from the United States as well as Iraq accuse the Danish shipping company Maersk of having taken advantage of the chaos of war in order to grab control of Iraq's oil port. Read More
Published by
New York Times
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In what is expected to be the first of a series of criminal charges against officials and contractors overseeing the rebuilding of Iraq, an American has been charged with paying hundreds of thousands of dollars in bribes and kickbacks to American occupation authorities and their spouses to obtain construction contracts, according to a complaint unsealed late yesterday. Read More
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Special to CorpWatch
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Thousands of low-wage Asian laborers are traveling to Iraq to work for U.S. military contractors like First Kuwaiti and Prime Projects International in the hope of sending money home to their families. Trapped and exploited under inhuman conditions, many of them are now fleeing the country to save their lives. Read More
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