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Cermaq’s subsidiary Mainstream Chile has been fined for overproduction at two of the company’s plants in Chile. “Cermaq has become a big exporter of problems. The fine is unfortunately only a drop in the ocean for a company with such large profits,” Don Staniford of Pure Salmon Group told Norwatch.
An Indian parliamentarian has accused Norske Skog of participating in illegal cartel and monopoly activities in India and of having contributed to a doubling of the price of paper in the country. The company rejects the accusations as absurd.
Three months after awarding a prize to President Meles Zenawi for his commitment to agriculture, Yara International won major fertilizer contracts in Ethiopia.
A Norwegian-owned fish-farming company is accused of taking advantage of South African fishermen. “We were used as an alibi to obtain local anchorage when the Norwegians applied for a farming licence”, the fishing company Rowmoor told Norwatch.
The Norwegian company Halaco is currently under investigation in El Salvador for possible connections to the Italian-Canadian mafia and laundering of drug money. The Norwegian police have been asked to help Salvadorian authorities.
The fertilizer giant Yara offers an award for “green revolution” in Africa to the controversial prime minister, Meles Zenawi of Ethiopia, based on figures collected from a research institute under the control by the Ethiopian prime minister himself, and not by international organizations, such as the FAO or the World Bank.
The Norwegian anti-fraud unit has dismissed the case concerning allegations of corruption against Veidekke in Uganda. But now a fax, discovered during a raid last summer, suggests that a British lobbying firm offered inducements to Ugandan politicians on behalf of the Norwegian company. – The lobbying firm Amisa never got paid a penny from us, states Kristian Mathismoen, at the time executive of Veidekke in the Karuma-project, in an interview to NorWatch.
The American energy giant AES Corp, that is behind the Bujagali power plant in Uganda, is in an accelerating crisis. According to the Washington Post the companys stock value has gone down over 70 percent since the beginning of the year.
Should the Norwegian guarantee institute for export credits say no, the Norwegian companies are out of the Bujagali-project. This is confirmed by Ole Gran, financial advicer for the Norwegian exporter group that is involved in Uganda confirms this. Veidekke will loose a contract worth 1 billion NOK.
Norwegian and Swedish aid organizations are on a collition-course. While NORAD consider the much disputed Bujagali power plant in Uganda as promoting development, the Swedes have declined to support the project because it is too big for the Uganda economy. Now the Norwegian guarantee-institute for export credits, GIEK, is under pressure from the World Bank and corporations to support the project.
CHILE (NorWatch): The labour inspector who claimed that the Norwegian owned sea farming company Mainstream under-pay its workers have been muzzled. At the same time, his boss refuses to confirm that he has handed Mainstream a disavowal.
CHILE (NorWatch): EWOS in Coronel is the worlds largest fish feed factory. At this site alone, meal and oil from 620.000 tons of fish suitable for human consumption become 360.000 tons of fish feed every year - nearly without labour. NorWatch has visited the factory.