Financial Times: Shelled out
“If only the executives of Royal Dutch/Shell, under fire over its reserves debacle, could achieve redemption so easily”
Jul 09, 2004
No matter how far they travel, is there no way for corporate governance experts to avoid thinking about Shell?
More than 600 of them have congregated in Rio de Janeiro for the 10th annual International Corporate Governance Network conference. They range from those burdened with the governance brief by their investment institution employers to stock market operators such as Leni Boeren, a director of Euronext.
As well as talking about corporate governance in Latin America and shareholder rights, delegates have been enjoying the sights and sounds of Rio.
Top of the list of places to visit has been the mountain-top statue of Christ the Redeemer that is the city’s signature image.
The statue was erected in 1931 and refurbished in 1990, when a group of benefactors clubbed together to give it a facelift. Among the consortium? Shell – and the oil company’s logo duly adorns the thank-you plaques dotted around the place.
If only the executives of Royal Dutch/Shell, under fire over its reserves debacle, could achieve redemption so easily.
© Copyright The Financial Times Ltd
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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.

























































