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October 18th, 2004:

The powers in the boardroom: Maarten van den Bergh

The Times: The powers in the boardroom

“Van den Bergh was appointed group managing director of Royal Dutch/Shell in 1992. He left suddenly in 2000, saying he had grown tired of the endless travelling. His views on this year’s furore over Shell’s oil reserves are not known. It is not a subject that goes down well with Shell alumni.

Oilman who made slick transition to bank boss

By Jon Ashworth

October 18, 2004

The world-travelled chairman of Lloyds TSB who made the switch from energy to high finance

THERE are some corners of the world where cynicism has yet to take root. Or perhaps it is simply that the locals do as they are told. Either could explain the spectacle that greeted Maarten van den Bergh during a visit to South Africa in the late 1990s.

Nelson Mandela had persuaded Shell to build a new school near his birthplace in the Eastern Cape. As one of Shell’s most senior executives, Van den Bergh had been flown in for the inauguration. read more

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.

FSA bids to sink Shell man’s appeal

London Evening Standard: FSA bids to sink Shell man’s appeal

“THE Financial Services Authority has sensationally asked an independent tribunal to block an appeal case launched by former Shell chairman Sir Philip Watts.”: “Watts’ outburst last month was the first time the oil executive had commented on the reserves scandal that has crippled Shell this year.”

Steve Hawkes,

18 October 2004

THE Financial Services Authority has sensationally asked an independent tribunal to block an appeal case launched by former Shell chairman Sir Philip Watts.

The City watchdog has urged the Financial Services and Markets Tribunal to throw out claims by Watts that it broke its own rules by identifying him when finding Shell guilty earlier this year of stock market abuse in overstating oil and gas reserves.

It wants a preliminary decision to be made on the prejudice claim in the hope the rest of the case will then have to be shelved. read more

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.

U.K. FSA Asks for Ruling on Ex-Shell Boss’s Challenge

BLOOMBERG: U.K. FSA Asks for Ruling on Ex-Shell Boss’s Challenge

“Class-Action Ammunition: While Watts wasn’t identified by name in the FSA’s notice, it may provide ammunition in the class-action suits filed against him.”: “Watts, 59, asked for the tribunal to challenge the notice the FSA published when Shell agreed to pay fines of $150 million in Britain and the U.S.

Oct. 18 (Bloomberg) — The U.K.’s financial regulator will ask a tribunal to decide whether former Royal Dutch/Shell Group chairman Philip Watts was “identified and prejudiced” by the regulator’s penalty against Shell for overstating oil reserves.

“We are confident that he was not and that the tribunal will agree with us,” the Financial Services Authority said in an e- mailed statement. “This would mean that the tribunal will have no jurisdiction to consider the other matters which Sir Philip has referred to the tribunal.” read more

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.