Posts Tagged ‘conflict of interest’

No more double standards

Monday, November 1st, 2010

Source:  Wattsup

Guest post by Paul Driessen

False, misleading or fraudulent claims have long brought the wrath of juries, judges and government agencies down on perpetrators. So have substandard manufacturing practices.

* GlaxoSmith Klein has agreed to plead guilty and pay a $750-million fine for manufacturing deficiencies at a former pharmaceuticals plant. Even though there was no indication of patient harm, said the US attorney, the fine was needed “to pressure companies to follow the rules.”

* Johnson & Johnson was recently slapped with a $258-million jury verdict for allegedly misleading claims about the safety and superiority of an antipsychotic drug. J&J’s actions “defrauded the Louisiana Medicaid system,” prosecutors argued. (The company intends to appeal.)

* The Feds have also prosecuted baseball players for lying to congressional investigators about using performance-enhancing steroids. Said a prosecutor: “Even when you’re just providing information to the Legislative Branch, you need to be truthful.”

Who could oppose following the rules, making quality products and being honest? But shouldn’t these values apply where far more is at stake than a few companies, pills, baseball records or bad role models? Shouldn’t we demand that these rules apply to people and actions that have unprecedented impact on lives, livelihoods, liberties and communities throughout the country? (more…)

Questions over business deals of UN climate change guru Dr Rajendra Pachauri

Sunday, December 20th, 2009

The head of the UN’s climate change panel – Dr Rajendra Pachauri – is accused of making a fortune from his links with ‘carbon trading’ companies, Christopher Booker and Richard North write.

Source: UK Telegraph

by Christopher Booker and Richard North

[Emphasis and notes added by SPPI]

No one in the world exercised more influence on the events leading up to the Copenhagen conference on global warming than Dr Rajendra Pachauri, chairman of the UN’s Intergovernmental Panel on Climate Change (IPCC) and mastermind of its latest report in 2007.

Although Dr Pachauri is often presented as a scientist (he was even once described by the BBC as “the world’s top climate scientist”), as a former railway engineer with a PhD in economics he has no qualifications in climate science at all.

What has also almost entirely escaped attention, however, is how Dr Pachauri has established an astonishing worldwide portfolio of business interests with bodies which have been investing billions of dollars in organisations dependent on the IPCC’s policy recommendations. (more…)