Privatization & Procurement

The city of Denver, Colorado, recently voted 8-4 not to renew $10.6 million in contracts with CoreCivic and Geo Group, the two largest prison contractors in the U.S. The vote was a response to local concerns over human rights abuse at for-profit prisons and undocumented migrant detention centers. Read More

A Brazilian judge has ordered Vale to compensate families of some 300 people killed at the company’s Córrego do Feijão iron ore mine when a dam built to hold waste collapsed on January 25, 2019, near the town of Brumadinho in the state of Minas Gerais. Read More

CoreCivic, one of the largest U.S. private prison companies, has shelved a proposal to build a detention facility for undocumented migrants in Indiana after a series of community protests. The company is hoping for a $100 million contract from the U.S. Immigration and Customs Enforcement's (ICE) Chicago office. Read More

Nine recommendations for action by President Obama to reverse his deadly legacy of drone warfare, surveillance and entrapment, including revealing flawed government contracts with companies like AT&T & Yahoo. Read More

New reports accuse employees of Broadspectrum Limited, the company that has the operating contract to house asylum seekers to Australia in remote island detention centers, of providing appalling living conditions and neglecting the care of their charges. Read More

The U.S. government is investigating Citadel, a Chicago-based hedge firm and market maker that manages some $25 billion in client money, for allegedly giving smaller investors a bad deal. The Department of Justice wants to know if the firm is taking advantage of the complexity of high-speed trading. Read More

Sun Pharma, India's biggest drug manufacturer, has been sent a warning letter about violations of manufacturing regulations at its Halol plant in Gujarat by the United States Food and Drug Administration (FDA). Indian companies supply as much as 40 percent of the drugs sold in the U.S. Read More

U.S. Air Force officials has begun to hire private companies to fly drone aircraft operating over Afghanistan, Iraq and Syria. The unprecedented move is in response to demands from the Obama administration to dramatically expand the drone war just as the Pentagon faces a critical shortage of military pilots. Read More

A flagship rice plantation in Tanzania run by UK investors has allegedly destroyed the livelihoods of local smallholder farmers, driven them into debt and impacted the local environment, according to a new report published by the Oakland Institute. The report was co-authored with Greenpeace Africa and Global Justice Now. Read More

Almost none of the huge amount of money "loaned" to Greece has actually gone there, writes Joseph Stiglitz, former World Bank chief economist. CorpWatch's EuroZone Profiteers report sheds light on how some of it was used to pay off bad loans made by private-sector banks in France and Germany. Read More