Privatization & Procurement

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

Every year, the U.S. government awards billions of dollars in federal contracts to companies who routinely violate basic legal rights of workers. This new report profiles three individuals who were harmed by Imperial Sugar, Tyson Foods and Verizon and explains a new presidential order that could help reduce abuses. An investigative report by Chris Thompson Read More

Plans for the Don Sahong dam in southern Laos have come under renewed fire from environmental activists. This week activists boycotted a regional consultation on the dam, just eight weeks after filing a formal request for an investigation of Mega First Corporation, the company that has the construction contract. Read More

Gilead Sciences of San Francisco is under investigation by the U.S. Senate Finance Committee for charging $84,000 for a 12 week course of a new drug to treat hepatitis C. Gilead sells the exact same course for $900 in poor countries like Egypt and India. Read More

G4S, the Anglo-Danish security contractor, has agreed to withdraw from prison work in Israel after activists disrupted the company annual general meeting for the second year in a row. The company is also under fire for ill-treatment of detainees in the UK, including the death of an Angolan man. Read More