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Remember Ken Saro-Wiwa & 8 others hanged 19 years ago

By: 
Oil Change International

We remember Ken Saro-Wiwa. Killed 19 years ago today

In 1990, Saro-Wiwa launched a non-violent movement for social and ecological justice in his Ogoni homeland and the Niger Delta. The movement he led accused the Nigerian government and Shell and Chevron of waging an ecological war and genocidal series of attacks against the peoples of the Delta.

Posted Date: 
12 November 2014

News Release: Vermilion's Luxembourg tax deal will further reduce revenue from Corrib – by how much?

 -- Corporation tax is only means of extracting revenue from Irish resources --

Shell to Sea has called on Minister for Energy and Natural Resources Alex White to clarify what impact Corrib Gas partner Vermilion's Luxembourg tax avoidance deal – revealed in today's Irish Times – will have on the revenue the exchequer thinks it will earn from the Corrib gas field. [1]
 
Spokesperson Maura Harrington said: "Under Ireland's dysfunctional licensing terms, corporation tax is the only means the State uses to extract revenue from gas or oil found under Irish territory. Today's revelation that Vermilion is using a Luxembourg tax avoidance deal to reduce its tax bill in Ireland raises serious questions for Minister Alex White and the Government."
 
"The 'Luxleaks' disclosure confirms what campaigners and others have warned about for many years – that creative accounting means the revenue earned from a gas field such as Corrib will be only a tiny fraction of the revenue these multinationals generate for their private and out-of-state shareholders. [2]

Corrib gas partner using Luxembourg deal to reduce tax bill

By: 
Colm Keena - Irish Times

Canadian firm Vermilion bought 18.5% of gas field in 2009 using hybrid instruments

The Canadian oil group that owns 18.5 per cent of the Corrib gas project made its investment using a complicated structure agreed with the Luxembourg tax authorities.

An advanced tax agreement between Vermilion Energy Trust and the Luxembourg authorities was negotiated by PwC on behalf of the Canadian company in November 2009.

The structure put in place for the investment uses what are called hybrid instruments, financial arrangements that have been targeted by the Organisation for Economic Co-operation and Development in its effort to reform the global tax regime.

Posted Date: 
7 November 2014

We need to talk about the Gardaí

By: 
Tom Hanahoe, Terence Conway & John Monaghan - The Village

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Political compliance and media silence on scandals redolent of police state. By Tom Hanahoe, Terence Conway and John Monaghan

BETWEEN May 2007 and November 2009, 111 complaints about alleged Garda violence and intimidation were submitted to the Garda Síochána Ombudsman Commission – established in 2005 and invested with more public hope than legislative power – by campaigners opposing Shell’s Corrib Gas Project in Kilcommon Parish in north west Mayo. Not one of the accused gardaí was disciplined. Gardaí often seem to be above the law. Unaccountable.

Posted Date: 
5 November 2014
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