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November 10th, 2005:

Shell News Archive Thursday 10 November 2005

From our Shell News Archive Thursday 10 November 2005

The Guardian (UK) Ousted Shell boss cleared over reserves scandal: “Sir Philip is still facing investigation by the securities and exchange commission, the US financial regulator, into his personal actions in relation to the downgrades, while one major class-action lawsuit against Shell is under way in America.”: Thursday 10 November 2005: READ

Financial Times: FSA decides not to pursue individuals: “Item two: in July last year it fined Royal Dutch/Shell £17m for mis-stating its oil reserves. Item three: after an inquiry that lasted well over a year into the role of “certain individuals”, it announced yesterday that it would not be taking any further action.”: “Perhaps it was some mischievous computers that took it into their hard drives to concoct all those inflated numbers.”: Thursday 10 November 2005: READ read more

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