mercredi 31 août 2011

Oracle's Africa dealings come under FBI scrutiny

We had the opportunity to report many times the company lack of transparency regarding Oracle tax haven operations, in capability to host many secret fund transfers towards swiss accounts.
CFDT Labor Union filled an official complaint regarding Oracle Ethics Code and the lack of compliance of Offshore operations.

The complaint was dismissed without further investigations.

The wall street journal is reporting an FBI investigation towards Oracle African deals, initiated few years ago, that could unveil many very unethics affairs, if the Tax havens operations secrecy could be blown out.

How many times shall we wait before state of art accounting, independant certification and operations transparency is enforced in subsidiaries like Cayman Islands ?

When are we really going to shut down these darn tax haven ?

You will find very few Electronic traces of tax haven operations, employees, web sites, contacts - We should not get exposed to our own Ethics code whisleblowing process ! Opacity is at its maximum, and no one knows who watches these subsidiaries !

Read More : Oracle Capac Registration
High tech Planet : Secrets of an IT Road Warrior - An imaginary novel figuring a millionaire - Luke Mc Ellis.
And even more iconoclastic : Larry's fake interview on youtube


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