Daily Mail (UK): Shell still waiting: “THE Financial Services Authority is still considering whether to take action against directors of oil giant Shell over the company's reserves overbooking scandal, according to the watchdog's boss Callum McCarthy.” (ShellNews.net) Posted 7 Nov 04

CITY & FINANCE

Posted 7 Nov 04

THE Financial Services Authority is still considering whether to take action against directors of oil giant Shell over the company's reserves overbooking scandal, according to the watchdog's boss Callum McCarthy.

The FSA has already fined the company for making false and misleading statements about its oil reserves.