Weatherford, a U.S. based energy firm, has decided to pull out of Sudan after Fortune exposed the company’s operations in Sudan. To operate in Sudan, Weatherford used a foreign-registered subsidiary staffed solely with non-U.S. citizens which are exempt from U.S. sanctions law. Some have speculated that Weatherford feared bad publicity over legal action. The company “was operating out of an unmarked two-story house” but now will begin withdrawing from the country in an “orderly” fashion. The actual time it will take to unwind contracts and shutdown operations is unknown.
We applaud Fortune for revealing Weatherford’s covert business approaches and for making KLD and other terror free list publishers’ jobs a little easier.
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