(September 16, 2005) The first phase of Iraq’s debt restructuring to repurchase and cancel, at a discount, Saddam-era claims held by commercial creditors is complete.
Akanbi reels out causes of corruption in Nigeria
(September 16, 2005) Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) fingered four major reasons why corruption caused Nigeria to be rated the third most corrupt country in the world.
First phase of Iraqi commercial debt restructuring complete
(September 16, 2005) The first phase of Iraq’s debt restructuring to repurchase and cancel, at a discount, Saddam-era claims held by commercial creditors is complete.
Officers face suits over wealth declaration
(September 16, 2005) Public officers who have not declared their wealth may from next week find police officers knocking at their doors, ready to bundle them off to court.
Serious Fraud Office to look into BAE link with Pinochet
(September 16, 2005) The Serious Fraud Office is expected to launch an investigation into disclosures that the arms company BAE secretly paid more than £1m to the former Chilean dictator Augusto Pinochet.
Ex-dictator Pinochet escapes prosecution yet again
(September 16, 2005) A day after Chile’s Supreme Court opened the way for a third major trial against the 89-year-old ex-dictator Augusto Pinochet, his lawyers won another round in their efforts to protect him from prosecution for human rights abuses by his regime.
U.N. treaty to fight corruption begins
(September 15, 2005) A global treaty to fight corruption go into force in 90 days, empowering nations to prosecute officials accused of stealing public funds and to override bank secrecy laws to ensure stolen public money can be recovered.
Why past efforts at tackling corruption failed, by Akanbi
(September 15, 2005) Chairman of the Independent Corrupt Practices and Other Related Offences Commission said lack of political will and inconsistencies in implementing anti-corruption measures were major reasons efforts to curb graft in Nigeria had failed in the past.
The Paris Club debt relief: Matters arising
(September 15, 2005) The debt deal the Paris Club is offering Nigeria is not a relief but an “attempt to relieve us of our resources”.
Detective story that linked £1m Pinochet cash to BAE
(September 15, 2005) US investigators find 100 accounts linked to general; secret payments listed to alleged front companies.
Factors retarding growth of Nigeria’s federal system
(September 14, 2005) “The doctrine of odious debt can help starve autocratic, kleptocratic governments and dismantle out of existence their associated governance structures by reducing the amount of financing available to them.”
With little fanfare Chalillo generates first watts
(September 13, 2005) Lately B.E.L. has been keeping a low profile on the project, but in a late evening press release, the company announced that on Monday the Chalillo Hydroelectric Facility generated the first of what it hopes will be many billions of watts of power.
The Millennium Development Goals: Meeting Africa’s special needs
(September 12, 2005) In her analysis of the March 2005 UN Millennium Development Goals report, UK and South Africa-based economist and journalist Margaret Legum highlights a report recommendation urging developing countries to “recommit themselves to taking primary responsibility for their own development by strengthening governance, combating corruption and putting in place the policies and investments to drive private-sector-led growth and maximise domestic resources to fund national development strategies.”
Africa: Whatever you thought, think again
(September 8, 2005) Transcript of proceedings, National Geographic / World Bank Special Presentation on Africa, Washington
Report criticizes UN on oil-for-food
(September 7, 2005) A devastating assessment of the UN oil-for-food program in Iraq strongly criticized Secretary-General Kofi Annan, his deputy and the Security Council for allowing Saddam Hussein to bilk billions.
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