Stories posted 2014

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Hacendados y politicos

by Julius D. Mariveles

HE WAS born to one of the old-rich families of Negros Occidental in the sprawling Hacienda Binitin in the town of Murcia, but Roberto L. Montelibano does not consider himself a sugarcane planter.

Instead, he thinks himself as a businessman, although like many other hacendado clans in the province, his family built its fortune literally on sugarcane — a grass proficient in making sugar — which their workers plant, harvest, and load for milling into sugar that is exported abroad or consumed in-country.

Read more… | Posted Tuesday, April 15th, 2014
AFTA and the sugar industry

Tiempo Muerto for Negros,
Tiempo Suerte for Filipinos?

by Julius D. Mariveles

CUARESMA or Holy Week is the time when Filipinos reflect on the agony of Jesus Christ. It is also the time when the mamumugon — the workers in the vast haciendas or plantations of Negros Occidental — slip into a suspended state between life and death, a seeming purgatory on earth.

Read more… | Posted Tuesday, April 15th, 2014

China’s Scandal-Torn Oil Industry Embraces Tax Havens, Offshore Records Show

by Alexa Olesen and Michael Hudson (International Consortium of Investigative Journalists)

As China’s go-go economy rose, Sun Tiangang played the offshore game like a master.

He set up dozens of companies, he says, in the Cayman Islands, Bermuda, and the British Virgin Islands as he made a fortune in hotels, electronics, food packaging and, eventually, as an oil baron.

Read more… | Posted Thursday, January 23rd, 2014
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Offshore Leaks China: How We Did It

by Marina Walker Guevara (International Consortium of Investigative Journalists)

The tight group of journalists gathering in Hong Kong on a rainy summer morning had arrived from all over: Beijing, Taipei, New York, Madrid, Washington, Berkeley, and Munich.

Read more… | Posted Wednesday, January 22nd, 2014

Leaked Records Reveal Offshore Holdings of China’s Elite

by Marina Walker Guevara, Gerard Ryle, Alexa Olesen, Mar Cabra, Michael Hudson and Christoph Giesen (International Consortium of Investigative Journalists)

Close relatives of China’s top leaders have held secretive offshore companies in tax havens that helped shroud the Communist elite’s wealth, a leaked cache of documents reveals.

Read more… | Posted Wednesday, January 22nd, 2014

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