This video says about itself:
4 April 2014
This clip, taken from the presentation of Shell‘s Q4 2012 results in London on 31st January 2013, shows former CEO Peter Voser being blatantly ‘economical with the truth’ over the ‘tax avoidance reasons’ for the towing of Shell‘s Arctic drilling rig Kulluk.
Peter Voser was employed by Shell Switzerland until the end of March 2014 as adviser to the new Shell CEO Ben van Beurden. He likely received 635,000 Swiss Francs ($730,000) for three months’ work (source: http://reut.rs/1gtP1Ue).
From daily The Morning Star in Britain:
Saturday 5th April 2014
Senator blasts ‘reckless’ tax-avoidance and ‘disregard’ for legal protections and calls for Shell to be held accountable
The US Coastguard said on Thursday that the grounding of a Shell oil drilling rig in the Gulf of Alaska in 2012 was in part driven by tax-dodging.
It said Alaska’s tax laws had influenced the decision to tow the drilling rig Kulluk to Seattle for maintenance.
Shell believed the rig would have qualified as taxable property on January 1 2013 if it was still in Alaskan waters.
The Kulluk broke away from its tow in late December 2012 after it ran into a vicious storm — a fairly routine winter event in Alaskan waters.
Multiple attempts to maintain tow lines failed and the vessel ran aground on New Year’s Eve just off Kodiak Island.
Several days before the tow initially broke, the master of the tow vessel Aiviq sent an email to the Kulluk’s towmaster expressing concerns about the conditions.
“To be blunt I believe that this length of tow, at this time of year, in this location, with our current routing, guarantees an ass kicking,” said the email.
The Aiviq’s master and towmaster asked Shell’s marine manager for permission to change course but the request was “not formally granted.”
The coastguard concluded that sufficient evidence existed for the relevant authorities to consider penalties.
“This report shows Shell ran through every single safety and common sense red light in moving this rig because of financial considerations,” Mr Markey said.
“This kind of behaviour should raise major red flags for any future Arctic drilling plans.”
Environmental groups said the oil industry and government were ill-prepared to deal with oil development in the Arctic Ocean.
“Today’s report again shows that Shell did not appreciate or plan for the risks of operating in Alaskan waters, prioritised financial considerations ahead of safety and precaution and simply disregarded important legal protections,” said conservation group Oceana staff lawyer Mike LeVine.
“The report again confirms what common sense dictates: companies and government agencies are not ready for the Arctic Ocean.”
See also here.