The Washington Times: Shell agrees on penalty to settle charges
“While trying to put the scandal behind it, Shell reported a 16 percent increase in underlying second-quarter profits thanks to higher oil prices.”
Posted 30 July 04
New York, NY, Jul. 29 (UPI) — Royal Dutch/Shell has agreed to pay $150 million to settle alleged market abuse and reporting fraud in the United States and Britain.
Shell said Thursday it would pay a penalty of $120 million to the U.S. Securities and Exchange Commission and 17 million pounds ($30 million) to the British Financial Services Authority.
Shell said it would make no admissions or denials against the finding by the SEC that the company violated the anti-fraud, reporting, record-keeping and internal control provisions of the U.S. securities law.
The company further said it would not challenge or accept the FSA finding that it breached market abuse provisions in Britain, the Financial Times said.
While trying to put the scandal behind it, Shell reported a 16 percent increase in underlying second-quarter profits thanks to higher oil prices.
Net income was $4 billion, up 54 percent on the previous year.
http://washingtontimes.com/upi-breaking/20040729-112705-3341r.htm
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
