Despite U.S. anti-bribery legislation, corruption by U.S.-listed oil and mining companies continues to occur as revealed by an investigation by Publish What You Pay coalition member Global Witness.
One year ago today, President Trump signed away U.S. leadership in the global effort to combat corruption by rolling back a critical oil transparency rule.
From its founding, the EITI and its Standard have required comprehensive disclosure of material payments from companies to governments, including taxes.
The groundbreaking anti-corruption law, the Cardin-Lugar provision of the Dodd Frank Act, is currently under threat of repeal. This law allows citizens in resource rich countries to ‘follow the money’ and hold their governments accountable for graft, waste and abuse.
Download this press release as a pdf For Immediate Release: December 13, 2017 Contact: Waseem Mardini – wmardini@pwypusa.org Office: 202-777-2934 – Mobile: 610-322-6732 PWYP-US Condemns Congressional Attempt to Scrap Landmark Anti-Corruption Law Measure Ignores the Wishes of Investors Worth Nearly $10 Trillion WASHINGTON D.C. – Today, members of the House Financial Services Committee voted to advance H.R. 4519 to repeal
Download this press release as a pdf For Immediate Release: November 2, 2017 Contact: Jana Morgan, Director – jmorgan@pwypusa.org Mobile 703-795-8542 Office 202-496-1189 Trump Administration Further Erodes US Leadership on Combatting Corruption United States Withdraws from Global Transparency Initiative Washington, D.C. – Today the Department of the Interior (DOI) announced its decision to withdraw from the Extractive Industries Transparency Initiative
In a letter dated November 2 and submitted to the Extractive Industries Transparency Initiative Board, a U.S. Department of the Interior official stated: “The United States must withdraw as an EITI Implementing Country.”
Read the statement in pdf For Immediate Release: October 10, 2017 Contact: Jana Morgan, Director – jmorgan@pwypusa.org Mobile: 703-795-8542 Office: 202-496-1189 Department of Treasury Seeks to Undermine Congress and SEC on Oil and Mining Transparency Mandate Publish What You Pay – United States Director, Jana Morgan’s, statement responding to the Treasury Department’s recommendation to repeal Section 1504 of the Dodd-Frank
The Publish What You Pay International Secretariat has published a new case study as part of its Data Extractors Program. Data Extractor and Director of the PWYP-US coalition, Jana Morgan, explores whether the United States is receiving a good deal on the extraction of its natural resources. Read the full case study on the Publish What You Pay International Secretariat