10 thoughts on “Bonuses for Gulf oil disaster fat cats

  1. Oil firm charged with tax evasion

    NORWAY: A prosecutor has charged Houston-based offshore drilling company Transocean with evading taxes worth $1.8 billion (£1.1bn).

    The charges announced on Wednesday against Transocean and Transocean Offshore Deepwater Drilling are related to the sale of 12 oil rigs 10 years ago by their Norwegian subsidiary Transocean ASA.

    The prosecutor said the companies operate from Houston but are registered in the Cayman Islands and Delaware.

    http://www.morningstaronline.co.uk/index.php/news/content/view/full/106212

  2. Bosses’ bonuses infuriate staff

    Employment: British Waterways workers who received a payout of between £100-200 in 2011 instead of a pay rise condemned news on Sunday that its directors had taken £15,000 bonuses.

    Chief executive Robin Evans will receive a £15,000 bonus payment on top of his £222,000 annual salary, while the firm’s other directors will each receive a £12,500 lump sum payment.

    Unite national officer Julia Long said: “The announcement that British Waterways is to award directors’ bonuses worth more than the annual salary of some of our members shows nothing but contempt for the workforce.”

    http://www.morningstaronline.co.uk/index.php/news/content/view/full/108243

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