Bribery, Fraud & Tax Evasion

Mining companies operating in Peru are seeing increasing millions in profits as a result of the surge in international prices for metals, but few are contributing what is needed to alleviate the poverty of the people living in mining areas. Read More

Water experts and businesses teamed up on Tuesday to fight corruption feared to be siphoning off billions of dollars from projects to supply drinking water to the Third World. Read More

CorpWatch unveils major report on corporate profiteering in the wake of Hurricanes Katrina and Rita on the American Gulf Coast. Read More

A major Dutch arms manufacturer's bankruptcy revealed a secret deal to supply weapons to General Augusto Pinochet of Chile. The man behind the scheme is now a tax exile who appears to be immune from charges of bribery or tax evasion. Read More

The controversial multibillion-dollar deal with oil services giant Halliburton to provide logistical support to U.S. troops in Iraq has been canceled. What should happen next? Read our three alternative annual reports on Halliburton, to learn the real legacy of the company's incompetence and corruption.Listen to an interview with CorpWatch's director, Pratap Chatterjee. Read More

In yet another bizarre twist to the Enron saga, the sudden death of Kenneth L. Lay on Wednesday may have spared his survivors financial ruin. Mr. Lay's death effectively voids the guilty verdict against him, temporarily thwarting the federal government's efforts to seize his remaining real estate and financial assets, legal experts say. Read More

Five major military contractors are competing to design a system to tackle up to two million undocumented immigrants a year in the United States. Boeing, Ericsson, Lockheed, Northrop Grumman and Raytheon are working on proposals that focus on high technology rather than high fences, but ignoring some of the fundamental problems of immigration. Listen to an interview with author, Joseph Richey. Read More

Sasol and its joint venture partners in Namibia are finally starting to break their silence over a R4-billion oil contract as questions of impropriety mount around the questionable black economic empowerment (BEE) deal. Read More

An Alabama jury yesterday convicted HealthSouth Corp. founder Richard M. Scrushy -- acquitted last year of federal accounting-fraud charges -- of paying half a million dollars in bribes to former governor Don Siegelman in exchange for a seat on a state health-care board. Read More

France has a long history of uprisings, but the latest social group to rebel was not previously known as troublesome - shareholders.France's traditional brand of capitalism - dominated by a small elite with strong links to politicians - ensured that government-backed managers called the shots and shareholders suffered in silence.But in recent months there has been a whiff of revolution in the air, and some boardrooms have looked like Bastilles ripe for storming by angry investors. Read More