(August 12, 2002) A deal between the Federal Government and the Abacha family goes sour and frustrates Muhammed Abacha’s fight for freedom.
‘Enron scandal hyped out of proportion’
(August 12, 2002) The Enron scandal has been hyped out of proportion, says Ernst & Young CE Philip Hourquebie.
Iraqi-born economist focuses on the future of Iraq
(August 12, 2002) Interview with Salah Al-Sheikhly, former head of Iraq’s Central Bank.
PUC approves BEL’s gas turbines, while BECOL awaits Supreme Court ruling on Chalillo
(August 11, 2002) Belize Electric Company Limited (BECOL), is awaiting the Supreme Court’s ruling on Government’s approval of the Environmental Impact Assessment for the construction of the Chalillo dam.
We are not surprised by Chiluba’s corruption – IMF
(August 10, 2002) We are not surprised at the reported high levels of corruption under Chiluba regime, International Monetary Fund (IMF) resident representative Mark Ellyne has said.
Zambian anti-corruption effort pits president vs. predecessor
(August 9, 2002) After 10 years in office and an aborted effort to stay on beyond the constitutional limit, Mr. Chiluba chose Mr. Mwanawasa to be their party’s candidate last year, apparently confident that his chosen successor would safeguard the darkest secrets of a government that, by many accounts, stole with little fear and even less shame.
Removal of Chiluba’s immunity has sent a clear message, says Kavindele
(August 9, 2002) “The removal of the legal immunity to former president Chiluba is what the rule of law entails,” Vice-President Kavindele said. “Laws rule this country and not men. It is on this ground that the future of this country should be built.”
No second term for corrupt governors, Says Akanbi
(August 9, 2002) Although Akanbi fell short of naming the governors being investigated, he pointed out that giving by the provisions of the 1999 Constitution the governors cannot be prosecuted but that allegations against them could be investigated.
Nicaragua president demands corruption trial for predecessor
(August 9, 2002) President Enrique Bolaños accused his predecessor, Arnoldo Alemán, tonight of having stolen nearly $95 million.
I.M.F. loan to Brazil also shields U.S. interests
(August 9, 2002) To hear the Bush administration tell the story, there is one main reason that Brazil should be rescued with a $30 billion loan while Argentina should get nothing: Brazil has been good; Argentina has been bad.
Sanctions busters sued for $100bn
(August 9, 2002) The lawyer who led a successful campaign for Holocaust reparations will launch a courtroom battle in New York today to try to force several multinational corporations to pay up to $100bn (£65bn) to people who suffered under apartheid in South Africa.
Is there a future for Indonesia without the IMF?
(August 8, 2002) Indonesia saw a lively debate regarding its future relationship with the IMF. It has been instigated by Planning Minister Kwik Kian Gie and it has ended with the cabinet decision to extend the current arrangement with the IMF till end 2003.
Jakarta wants judges fired over Manulife
(August 8, 2002) Indonesia’s Justice Ministry said it has recommended the firing of three judges who declared bankrupt the local subsidiary of Canadian insurer Manulife Financial Corp. after the firm alleged that bribery influenced their decision.
Kalu wants government to reschedule states debt
(August 8, 2002) Abia state governor has urged the federal government to reschedule the payment of all the loans owed by state governments in the country in order to reduce the sufferings of the masses.
Apartheid victims seek billions
(August 8, 2002) Lawyers representing South African apartheid victims seeking billions of dollars for “blood and misery” from German, Swiss and US firms will present their claims in New York on Friday.
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