Articles by Pratap Chatterjee, CorpWatch
We found 16 results.
World Bank Orders Venezuela to Pay Crystallex $1.4 Billion for Imataca Forest Reserve Gold Mine
Pratap Chatterjee, CorpWatch – TRANSCEND Media Service,
25 Apr 2016
Imataca, one of four major pristine forest reserves in the country, is home to the indigenous Akawaio, Arawako, Karina, Pemon and Warao peoples. It also sits above what geologists believe to be the largest gold deposits in the continent worth some $20 billion. The court decision marks yet another milestone in corporate victories against national governments using international trade treaties.
→ read full articleOutsourcing the Kill Chain: Eleven Drone Contractors Revealed
Pratap Chatterjee, CorpWatch – TRANSCEND Media Service,
10 Aug 2015
3 Aug 2015 – Hundreds of private sector intelligence analysts are being paid to review surveillance footage from U.S. military drones in Central Asia and the Middle East, according to a new report from the Bureau of Investigative Journalism.
→ read full articleDeutsche Bank Pays $2.5 Billion Fine for Interest Rate Rigging
Pratap Chatterjee, CorpWatch – TRANSCEND Media Service,
4 May 2015
27 Apr 2015 – Deutsche Bank has agreed to pay out a record $2.5 billion fine to settle U.K. and U.S. government investigations into allegations of fixing global interest rates, just months after six other banks paid out $4.3 billion on similar charges. Activists say that the banks should have faced criminal charges.
→ read full articleNew European Commission Marred by Corporate Conflicts of Interest
Pratap Chatterjee, CorpWatch – TRANSCEND Media Service,
10 Nov 2014
Jean-Claude Juncker was elected as European Commission president after eight years as prime minister of Luxembourg, where he helped transform the country into the largest tax haven on the continent. “He has dedicated his career to ensuring that society becomes less fair; that wealthy institutions and individuals can avoid the taxes little people and small businesses must pay,”
→ read full articleData Secrecy Company [Whisper] Accused of Sharing Information with Media and Military
Pratap Chatterjee, CorpWatch – TRANSCEND Media Service,
27 Oct 2014
Whisper – a new social network that claims to provide anonymity – has been accused of secretly tracking users. The allegations were made by the Guardian newspaper, provoking renewed scrutiny of a multitude of data privacy claims made by software companies.
→ read full articleBank of America to Pay $16.65 Billion to Settle Mortgage Fraud Charges
Pratap Chatterjee, CorpWatch – TRANSCEND Media Service,
25 Aug 2014
Bank of America has agreed to pay the government $9.65 billion to settle charges of misleading investors over mortgage lending in the run up to the 2008 financial crisis. The bank will also pay out an additional $7 billion to help borrowers and communities affected by the loans.
→ read full article[More pornography] Hedge Fund Managers Still Making Billions
Pratap Chatterjee, CorpWatch – TRANSCEND Media Service,
2 Jun 2014
David Tepper was the world’s highest earning hedge fund manager for the second year in a row, according to the Rich List. Tepper earned $3.5 billion in 2013, a major increase on his $2.2 billion take home income in 2012. Critics say that these sky-high salaries are a major cause of increasing poverty.
→ read full articleHacking Team Spy Software Identified on U.S. Servers
Pratap Chatterjee, CorpWatch – TRANSCEND Media Service,
10 Mar 2014
Two U.S. companies – Linode of New Jersey and Rackspace of Texas – have been hosting surveillance software designed by Hacking Team of Italy, according to a new report. The software was allegedly been used by governments in Ethiopia, Morocco, Turkey and the United Arab Emirates to track dissidents.
→ read full articleAnglo Irish Bankers on Trial for Scheme That Led to National Collapse
Pratap Chatterjee, CorpWatch – TRANSCEND Media Service,
17 Feb 2014
Three top executives at Anglo Irish bank are on trial for a secret scheme to buy their own bank’s shares that eventually triggered the 2008 collapse of the Irish economy. The bankers allegedly hatched the plan to cover up bets made by Sean Quinn, once Ireland’s richest man.
→ read full articleBayer CEO Says Drugs Developed for “Western Patients Who Can Afford It”
Pratap Chatterjee, CorpWatch – TRANSCEND Media Service,
10 Feb 2014
Bayer, the German pharmaceutical giant, is in hot water after CEO Marijn Dekkers told a Financial Times conference that the company designed medicines “for western patients who can afford it” not for the “Indian market.”
→ read full articleThe Jason Bourne Strategy: CIA Contractors Do Hollywood
Pratap Chatterjee, CorpWatch – TRANSCEND Media Service,
9 Dec 2013
Global Response Staff is a new unit set up by the CIA to hire private security contractors to accompany dangerous spying missions. Unlike Jason Bourne – the fictional character on which they appear to be modeled on – this gang cannot shoot straight.
→ read full articleTurning the Table on the Trackers: WikiLeaks Sniffs out Spy Salesmen
Pratap Chatterjee, CorpWatch – TRANSCEND Media Service,
10 Sep 2013
What was Mostapha Maanna of Hacking Team, an Italian surveillance company, doing on his three trips to Saudi Arabia in the last year? A new data trove from WikiLeaks reveals travel details for salesmen like Maanna who hawk electronic technology to track communications by individuals without their knowledge.
→ read full articleVerizon (and Google) Helped U.S. Government to Spy on Reporters
Pratap Chatterjee, CorpWatch – TRANSCEND Media Service,
27 May 2013
Technology companies willingly provided information to U.S. government agencies to help the Obama administration snoop on reporters from the Associated Press (AP) and Fox news in order to ostensibly crack down on leaks that pose a “threat” to national security. This is not the first time that the Obama administration has asked telecommunication companies to turn over records on journalists.
→ read full article“Cyberazzi” – Data Mining Companies Investigated for Invasion of Privacy
Pratap Chatterjee, CorpWatch – TRANSCEND Media Service,
28 Jan 2013
The paparazzi hide in bushes and use telephoto lenses to snap pictures of celebrities. The “cyberazzi” parachute into web browsers and sneak up behind mobile phones to spy on ordinary people. Nine such data mining companies must report to the U.S. Federal Trade Commission by Feb 1, 2013 what personal information they gather for sale.
→ read full articleJohnson & Johnson Fined $1.2 billion for Drug Labeling Failure
Pratap Chatterjee, CorpWatch – TRANSCEND Media Service,
16 Apr 2012
Johnson & Johnson has been fined $1.2 billion in Arkansas over the sales of Risperdal, an antipsychotic drug. A circuit judge ruled that the company did not warn patients that the drug places elderly patients with dementia at an increased risk of major weight gain, possible diabetes and potential death.
→ read full articleChiquita Banana to Face Colombia Torture Claim
Pratap Chatterjee, CorpWatch – TRANSCEND Media Service,
2 Apr 2012
Chiquita, the global banana producer, was ordered this week to face a federal court over their role in paying off right wing death squads in Colombia. Villagers allege that the death squads used “random and targeted violence in exchange for financial assistance and access to Chiquita’s private port for arms and drug smuggling,” according to a lawsuit filed on their behalf by EarthRights International and Cohen Milstein.
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