Anti-Corruption Rule Lobbied Against by Rex Tillerson Repealed by US Congress Shortly After Senate Confirmed Him as Secretary of State; More Perks for Putin and Friends?

Mining Awareness +

“It should be lost on no one that in less than 48 hours the Republican-controlled Senate has confirmed the former head of ExxonMobil to serve as our Secretary of State, and repealed a key anti-corruption rule that ExxonMobil and the American Petroleum Institute have … fought for years.” (US Senator Cardin, Feb. 3, 2017: https://miningawareness.wordpress.com/2017/02/05/cardin-statement-on-senate-repeal-of-key-anti-corruption-rule-for-oil-gas-mining-industry/ )

“IN FACT, REX TILLERSON, THE C.E.O. OF EXXON AT THE TIME, PERSONALLY LOBBIED AGAINST THE REQUIREMENT BACK IN 2010. HIS REASON — WHAT WAS HIS OBJECTION? THE FOREIGN PAYMENTS RULE WOULD UNDERMINE EXXON’S ABILITY TO DO BUSINESS IN RUSSIA. LISTEN TO THAT AGAIN. IF EXXON HAS TO TELL THE WORLD ABOUT THE MILLIONS OF DOLLARS IT HANDS OVER TO THE RUSSIAN GOVERNMENT, EXXON WOULDN’T BE ABLE TO DO AS MUCH BUSINESS IN RUSSIA. SO NOW THE REPUBLICAN CONGRESS WANTS TO RUSH OUT TO HELP POOR EXXON SO THEY CAN KEEP…

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