Re: [cdn-nucl-l] AECL financial reporting and corruption

[Tom Adams <TomAdams@nextcity.com>]

AECL's has a documented and legally proven historic practice of funding
agents involved in corruption of foreign officials. If you are as offended
by these practices as are most Canadian who happen to be aware of them,
you might encourage your employer to abide by a higher standard of disclosure
than it currently does as a means of preventing further corruption. Employees
of AECL have a long term interest in their employer demonstrating that
it is worthy of public trust.

Tom Adams, Energy Probe

"English, Andrew" wrote:

 

Mr. Adams,
Your remarks are offensive.  When you use the phrase "further corruption", you are attempting to have the reader infer that corruption exists and that I am employed by a corrupt company.  I resent the implication.

Sincerely,
Andrew J English

-----Original Message-----
From: Tom Adams [mailto:TomAdams@nextcity.com]
Sent: Thursday January 31, 2002 12:56 PM
To: adam.mclean@utoronto.ca; CNS listserv
Subject: [cdn-nucl-l] AECL financial reporting and corruption

Adam,

You ask, "Does AECL's research budget include all their postage
costs???" A more interesting question is, does AECL's sales budget
itemize the disbursements of its sales agents, some of which we know to
have been active historically in bribing foreign government and utility
officials to secure Candu sales (eg. the criminal conviction of AECL's
Korean agent Park Byong-chan in 1994)? Regrettably, the answer to this
question is no. At least until 1999, AECL broke out in its annual report
its aggregate agents fees and provided agent names. Since 1999, even
this minimal standard has not been observed.

Given its track record, Canadian's are justified in assuming that AECL's
concealment creates an environment conducive to further corruption.

Tom Adams, Energy Probe

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