Money & Politics

With 606 oilfields, the Niger delta supplies 40% of all the crude the United States imports and is the world capital of oil pollution. More oil is spilled from the delta's network of terminals, pipes, pumping stations and oil platforms every year than has been lost in the current BP/Transocean oil spill in the Gulf of Mexico. Read More

How much money did Charles G. Taylor, the deposed president of Liberia, siphon out of his war-shattered country, and where is it? Investigators are developing a new strategy involving filing civil damage claims against companies, governments and international banks that they contend aided Mr. Taylor in illegal transactions. Read More

How much money did Charles G. Taylor, the deposed president of Liberia, siphon out of his war-shattered country, and where is it? A review by the International Herald Tribune of court transcripts, bank records, and newly available government receipts and confidential prosecution memos show, for example, how the country's largest timber company sent tax payments to Mr. Taylor's private account rather than the national treasury. Read More

More than a month has passed since the Deepwater Horizon rig blew up, spewing oil into the Gulf of Mexico and frustrating all efforts to contain it. The disaster underscores the enduring laxity of federal regulation of offshore operations and has shown the government to be almost wholly at the mercy of BP and of Transocean, the company leasing the rig. Read More

Top military officials continue to rely on a secret network of private spies set up by Michael D. Furlong, despite concerns about the legality of the operation. A New York Times review found Mr. Furlong's operatives still providing information, with contractors still being paid under a $22 million contract, managed by Lockheed Martin and supervised by a Pentagon office. Read More

The federal Minerals Management Service gave permission to BP and dozens of other oil companies to drill in the Gulf of Mexico without first getting required permits from another agency that assesses threats to endangered species - and despite strong warnings from that agency about the impact the drilling was likely to have on the gulf. Read More

The Obama administration began Friday to publicly chastise BP America for its handling of the spreading oil gusher in the Gulf of Mexico. Officials initially seemed to underestimate the threat of a leak, just as BP did last year when it told the government such an event was highly unlikely. Read More

The recent boom in humanitarian aid has an underbelly largely invisible to charity sector outsiders. "Easy money: the great aid scam," packs a biting critique (Linda Polman, The Sunday Times Online, April 25). In 2006, CorpWatch's "Afghanistan, Inc.", cited by Polman, drilled down on reconstruction dollars, in what's become known as "Afghaniscam." We bring our report to you again. Read More

BP says that the offshore drilling accident that is spewing thousands of barrels of oil a day into the Gulf of Mexico could cost the company several hundred million dollars. Nobody really knows whether the oil giant is being too conservative about the cost for the April 20 accident, which some experts say could end up as the biggest oil spill in history. Read More

A top Pentagon official ran a covert network of contractors that supplied the U.S. government surveillance information for drone strikes and assassinations in Afghanistan and Pakistan, according to a complaint filed by the Central Intelligence Agency and revealed by the New York Times. The official, Michael D. Furlong, is a civilian employee of the U.S. Air Force with a decade-long record of running psy-ops propaganda programs for the military in Bosnia, Kosovo and Iraq. Read More