Daily Express (UK): FSA urges tribunal to reject Shell boss appeal
“The reserves crisis is being investigated by criminal authorities in the US, where Shell is facing civil actions for millions of pounds.”
19 Oct 2004
CITY watchdog the Financial Services Authority is urging an independent tribunal to dismiss an appeal by former Shell boss Sir Philip Watts.
It believes the Financial Services and Markets Tribunal should reject Watts’s claims that it identified him, in contravention of its own rules, when explaining the reasons for fining the oil giant £17 million over its reserves fiasco this year.
In a statement yesterday, the regulator said the tribunal should first decide whether Watts was “identified and prejudiced” when the fine was issued.
“We are confident he was not and that the tribunal will agree with us,” the FSA said. It believes if the tribunal agrees then it should throw the rest of Watts’s case out.
Watts launched an extraordinary attack on the FSA last month when lodging his appeal, the first move in a campaign to clear his name over the company’s restatement of 4.5 billion barrels of oil reserves.
He said the FSA had “violated” his rights and broken its own rules by identifying him indirectly, although he was not named. Watts argued the FSA had implied he was to blame.
The reserves crisis is being investigated by criminal authorities in the US, where Shell is facing civil actions for millions of pounds.
ANDREW JOHNSON
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.
