Did you get the memo that Chevron supported Saddam Hussein’s government even as our “government” held the people of Iraq as economic hostages? Not likely that the PR firms and lawyers have kept this oil giant's misadventures in the shadows. Judy Dugan’s report on the Huffington Post shows the complete fallacy of nationalism in these days of corporatocracy. A finger in every pie? You bet, and extra digits in Burma (Myranmar) Ecuador, Russia and, my personal favorite, Kazakhstan.
What would you do with $3 BILLION?
Bush & buddy, Nursultan Nazharbaev
The Dictator Penalty
Judy Dugan
Posted November 16, 2007
Chevron's $30 million settlement Thursday of charges involving illegal kickbacks to Saddam Hussein's government in 2001-2002 won't be much of a ding to its bottom line. It's more a reminder of the "dictator penalty" in Big Oil's dealings with the world's worst governments. There may also be criminal charges to come against Chevron in the Iraq case, which occurred during the old Axis of Evil days.
[…]Kazakhstan: Chevron boasts of being "Kazakhstan's largest private oil producer." Political opposition leaders, suppressed and often jailed by President-since-1991 Nursultan Nazarbaev, charge that his corrupt regime is supported not just by direct oil income but by huge illegal kickbacks. In 2005, after elections in which the main opposition party was banned outright, Chevron pledged $3 billion in new investment for a fivefold boost in the nation's crude oil production.
http://www.huffingtonpost.com/judy-dugan/the-dictator-penalty_b_73097.html
Judy Dugan
Posted November 16, 2007
Chevron's $30 million settlement Thursday of charges involving illegal kickbacks to Saddam Hussein's government in 2001-2002 won't be much of a ding to its bottom line. It's more a reminder of the "dictator penalty" in Big Oil's dealings with the world's worst governments. There may also be criminal charges to come against Chevron in the Iraq case, which occurred during the old Axis of Evil days.
[…]Kazakhstan: Chevron boasts of being "Kazakhstan's largest private oil producer." Political opposition leaders, suppressed and often jailed by President-since-1991 Nursultan Nazarbaev, charge that his corrupt regime is supported not just by direct oil income but by huge illegal kickbacks. In 2005, after elections in which the main opposition party was banned outright, Chevron pledged $3 billion in new investment for a fivefold boost in the nation's crude oil production.
http://www.huffingtonpost.com/judy-dugan/the-dictator-penalty_b_73097.html
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