Where are the PSC regulations?
Although Erik Prince resigned as Blackwater’s CEO in March 2009, he remains the Chairman and sole owner. The company has received millions of dollars in government contracts and despite Iraqi government’s protests, the US State Department – disregarding various ongoing investigations by their own departments against the firm – renewed Blackwater’s contract in 2008 (the Iraqi government refused the renewal).
The problem goes deeper. In UK, around 11,000 non-EU nationals acting as quasi-PSCs are guarding sensitive sites. Recently, Afghan authorities had shut down two private security companies (as they were charged under murder and robbery). Marouane Bourannane, the security guard who protected Gordon Brown at the Labour Party conference, was held travelling on a fake French passport after being actually ‘vetted’ by his security firm. We wonder, why in heavens aren’t nations passing structured regulations on the PSC industry if it’s now not just a question about guarding people, but of guarding nations and their leaders?
Although Erik Prince resigned as Blackwater’s CEO in March 2009, he remains the Chairman and sole owner. The company has received millions of dollars in government contracts and despite Iraqi government’s protests, the US State Department – disregarding various ongoing investigations by their own departments against the firm – renewed Blackwater’s contract in 2008 (the Iraqi government refused the renewal).
The problem goes deeper. In UK, around 11,000 non-EU nationals acting as quasi-PSCs are guarding sensitive sites. Recently, Afghan authorities had shut down two private security companies (as they were charged under murder and robbery). Marouane Bourannane, the security guard who protected Gordon Brown at the Labour Party conference, was held travelling on a fake French passport after being actually ‘vetted’ by his security firm. We wonder, why in heavens aren’t nations passing structured regulations on the PSC industry if it’s now not just a question about guarding people, but of guarding nations and their leaders?
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
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IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)