August 15th, 2011
This weekend, The Economist
—building off information discovered by Task Force member Global Witness
—released an extensive feature on the operations of the "Queensway syndicate," a corporate partnership centered around the trade of oil from Angola to China. Through a series of shell companies, family relations, and personal ties dating back to the Cold War, a network of Chinese and Angolan business-people purportedly dominate many African resource markets, generally doing so through illicit means.
In order to gain access to valuable mineral resources across the African continent, the syndicate allegedly promised developmental aid, generally in the form of infrastructure development,...
May 18th, 2011
If companies were people and those who violated the laws were criminals, then BAE Systems would be a repeat offender. Actually I’m not sure repeat offender even begins to cover it. Here’s some background.
BAE Systems is a defense contractor with products and services for air, land, and naval forces, including electronics, intelligence, weapons, among many others. It’s a British company, but over half of its $12 billion annual sales in its land and armaments business is with the United States. According to the Stockholm International Peace Research Institute, BAE is the largest armaments company in the...
July 2nd, 2009
ZIMBABWE- HARARE - Zimbabwe’s political, social and economic has created massive wealth and opportunities for the people who deliberately devised ruinous policies. The leading beneficiaries are non other than Robert Mugabe and his personal Banker Gideon Gono.