[ARTUSC]The Role of Asian Trade Unions in Developing a Democratic and Progressive International Trad

Protests against Gazprom, Shell and whaling: For decades, the environmental organization Greenpeace has made worldwide headlines with its highly visible campaigns. The group's strategy has been simple: More attention means more donations.

But the headlines on Sunday (15.06.2014) are less likely to generate funds. Greenpeace is accused of gambling away its money. Specifically, an employee in the Amsterdam headquarters made currency transactions that speculated on a sinking euro exchange rate - and lost 3.8 million euros ($5.15 million). The employee in the finance department responsible for the loss was fired immediately.

It's not yet known how many German donations were lost in the action. Last year over half a million people in Germany donated money to Greenpeace to protect the Arctic from oil drilling or to fight against nuclear and coal power.

Greenpeace Germany responded promptly. Due to a "serious error" at Greenpeace International in connection with hedging against exchange rate fluctuations, a loss of 3.8 million euros was incurred, Greenpeace Germany admitted. "We greatly regret the loss and would like to apologize wholeheartedly to our sustaining members."

According to Greenpeace Germany's head of communications Michael Pauli, this simply shouldn't have happened. The employee responsible flouted the rules, he told DW, adding "the control mechanisms at Greenpeace International failed to work."

We’ve made it even easier for you to enjoy everything Casino MAXI - ОnlineCasinoDaily.co.uk has to offer. Thanks to our Chrome extension, the fun is only one click away from you. Get it now and pay us a visit anytime you want, from any device!