NGOs want Exxon and Chevron kicked off anti-corruption extractive industries body
Trump announced in November the US would exit the Extractive Industries Transparency Initiative; as US companies are undermining the body’s work, NGOs want them removed
Washington — Oil giants ExxonMobil and Chevron should be kicked off the board of a global anti-corruption effort because they have actively sought to undermine it, a group of non-governmental organisations (NGOs) said on Wednesday. The unusual call, from organisations including Oxfam and Global Witness, comes the week before the board of the Extractive Industries Transparency Initiative (EITI) is due to hold a periodic meeting in Oslo. Launched in 2002 by then British prime minister Tony Blair, the initiative compels oil and gas companies to disclose the payments they make to governments around the world in leases, taxes and royalty payments — with the aim of deterring theft, embezzlement, bribery and other malfeasance. Corruption in oil, gas and mineral-rich nations frequently starves public education, healthcare and infrastructure of the wealth produced by extractive industries. But as part of its regulatory rollback, US President Donald Trump’s administration announced in Novembe...
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