Bribery, Fraud & Tax Evasion

Defunct energy giant Enron used the U.S. government to coerce the World Bank and poor nations to grant concessions and resolve its investment problems, according to documents and correspondence released by the Treasury Department. Read More

The World Bank should revamp its lending policies for mining, oil and gas projects to avoid corruption, mismanagement and poor economic performance spreading in countries that rely on such industries, says a confidential study by the Bank's internal review body. Read More

In this CorpWatch Opinion, we look at the connection between the looming war in Iraq, corporate crime in America and control of the world's oil supply. Read More

WASHINGTON -- After Enron went through its high-profile collapse, elected officials trembled at the price they might have to pay this November. Read More

The betting in energy circles is that Enron's erstwhile big cheeses are in deep trouble now that the company's former top trader has pleaded guilty to manipulating the California power market. Read More

Americans know that corporate excess is about more than flawed accounting. It corrupts democracy, drives a wedge between rich and poor, degrades the environment, and disrupts communities. So what might we the people do? Read More

What began with Vice President Dick Cheney's refusal 15 months ago to make his energy task force documents public expanded quickly to include policy making at virtually every level of government. And, after September 11, the blanket of secrecy - which had until then only covered the brass breasts of the DOJ's Lady Justice statue - darkened some of America's most valued constitutional protections. Read More

NEW YORK -- Bankrupt energy trader Enron Corp. started taking bids Tuesday for 12 assets, including electric utilities and natural gas pipelines, that make up a large portion of Enron's total holdings. Read More

The Senate is investigating the role of private investment banks in the Enron scandal. Could public institutions, like the World Bank and the Export-Import Bank be next? Read More

WASHINGTON -- The multinational firms recently fingered for corrupt practices in the United States may be practicing similar operations on a larger scale in developing countries, say long-time corporate watchdogs. Read More