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Six Novartis Executives Charged In Illegal Drug Rebate Scheme In South Korea
Richard Smallteacher
August 11th, 2016
Six executives of Swiss pharmaceutical giant Novartis have been indicted in a South Korean bribery scandal. The indictments follow similar charges in China, Turkey and the U.S. and allegations of falsifying drug trial data in Japan. Korean prosecutors have recommended that Novartis sales be suspended for six months.
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![](/web/20160912142852im_/http://www.corpwatch.org/img/thumb/novartis2.jpg) | Photo: 74-ant-ma. Used under Creative Commons license. |
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General Atomics Funded U.S. Think Tank That Promoted Increased Drone Exports
Pratap Chatterjee
August 8th, 2016
A group of investigative journalists have revealed that General Atomics helped fund the Center for Strategic and International Studies (CSIS), a major think tank in Washington DC, when it recommended that the Obama administration loosen export rules to allow the company sell more remotely piloted military aircraft.
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Cyrela, Rio Olympic Construction Contractor, Accused Of Mistreating Workers
Richard Smallteacher
August 5th, 2016
Media attending the Olympic Games in Rio de Janeiro are being housed in apartments constructed by workers "in conditions analogous to slavery" by Cyrela, the largest real estate company in Brazil. The local community has also complained that the construction has ruined the water supply and destroyed forested areas.
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![](/web/20160912142852im_/http://www.corpwatch.org/img/thumb/camorim.jpg) | Photo: Stephanie Reist. Used under Creative Commons license. |
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Broadspectrum 'Violating' Human Rights At Australian Offshore Detention Centers
Pratap Chatterjee
August 3rd, 2016
New reports accuse employees of Broadspectrum Limited, the company that has the operating contract to house asylum seekers to Australia in remote island detention centers, of providing appalling living conditions and neglecting the care of their charges.
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![](/web/20160912142852im_/http://www.corpwatch.org/img/thumb/manus.jpg) | Manus detention site. Photo: Sarah Hanson-Young. Used under Creative Commons license |
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Panama Papers Leak Reveals Safari Companies In Africa Use Tax Havens
Richard Smallteacher
July 25th, 2016
A number of safari companies in Africa used Mossack Fonseca, a Panamanian law firm, to evade taxes on income from foreign clients, according to data from the ‘Panama Papers’ a leaked cache of 11.5 million documents revealed by the International Consortium of Investigative Journalists (ICIJ).
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![](/web/20160912142852im_/http://www.corpwatch.org/img/thumb/cecil.jpg) | Cecil the lion at Hwange reserve. Photo:
Vince O'Sullivan. Used under Creative Commons license. |
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Greece Raids UBS Executive's Home In Effort To Uncover Swiss Tax Evasion
Richard Smallteacher
July 18th, 2016
Greek tax investigators have raided the house of Christos Sclavounis, the former head of investment banking for UBS. The crackdown is part of an agreement that the country reached with international lenders in order to reduce tax evasion by Greek elites suspected of hiding their income in Switzerland.
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![](/web/20160912142852im_/http://www.corpwatch.org/img/thumb/ubs.jpg) | Photo: Martin Abegglen. Used under Creative Commons license |
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Cairn Energy Demands India Pay $5.6 Billion Or Drop Back Tax Claim
Pratap Chatterjee
July 15th, 2016
Cairn Energy, a Scottish oil exploration company, has demanded that India pay $5.6 billion in compensation for losses that the company claims it has sustained as a result of a tax bill. The company has taken its claim to an arbitration panel under the United Kingdom-India Investment Treaty.
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![](/web/20160912142852im_/http://www.corpwatch.org/img/thumb/mangala.jpg) | Photo: Inauguration of Cairn India's Mangala oil field. Public.Resource.Org. Used under Creative Commons license |
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Gilead Avoided $10 Billion In Taxes On Over Priced Hepatitis C Drugs
Richard Smallteacher
July 13th, 2016
Gilead Sciences Inc., a California based pharmaceutical company, has avoided paying $10 billion in taxes by moving its patents to Ireland. This is despite the fact that one of its most profitable drugs was developed with U.S. taxpayer money, according to a new report from Americans for Tax Fairness.
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![](/web/20160912142852im_/http://www.corpwatch.org/img/thumb/sovaldi.jpg) | Sovaldi pills. Photo: Insomniac70. Used under Creative Commons license |
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