(July 18, 2005) “It is often argued that canceling external debts is tantamount to giving the offender a pat on the back. In other words, debt cancellation is seen as an immoral act. But what is it that’s immoral: the debt or its cancellation?” writes Nnimmo Bassey.
$18bn relief: arrest money launderers – Paris Club
(July 15, 2005) Some highly placed Nigerians allegedly involved in money laundering and other economic crimes are to be arrested and prosecuted under a recent understanding reached between the federal government and the Paris Club of creditors.
Paris Club gives looters’ names to Obasanjo
(July 15, 2005) In exchange for debt relief, the Paris Club has given Nigerian President Olusegun Obasanjo a list of prominent Nigerians to go after and prosecute for allegedly siphoned public funds overseas.
$18bn relief: arrest money launderers at Paris Club
(July 15, 2005) Some highly placed Nigerians allegedly involved in money laundering and other economic crimes are to be arrested and prosecuted under a recent understanding reached between the federal government and the Paris Club of creditors.
Enough handouts for Africa
(July 12, 2005) Africa deserves more than the West’s charity. Africa needs a hand up, not a never-ending series of handouts that do little more than play to Africa’s weaknesses and provide the donors with a false sense of gratification.
Why Africa’s leaders cannot wait for debt relief
(July 11, 2005) Examples of government corruption are “always far from the lips of the hand-wringing international nongovernmental organizations (NGOs) that plead Africa’s case for increased aid, debt cancellation and, well, anything really,” writes Dianna Games, the director of Africa@Work, an events, publishing and research company.
KSEB-Lavalin deal draws CAG’s criticism
(July 10, 2005) A report by the Comptroller and Auditor General of India has noted that "there was serious deviation from prescribed procedures in the award of contract to SNC Lavalin".
Writing off the debt
(July 8, 2005) “Renouncing odious debts may seem arbitrary and revolutionary, but it is time to begin thinking about it,” writes Salil Tripathi, a London-based writer who specialises in Asian and international economic affairs.
From political crisis to a revolutionary situation
(July 7, 2005) Whatever happens, the fact remains that many Filipinos already foresee a post-Arroyo scenario and the only thing that is preventing that from happening is who – or what – will replace her.
Arroyo could get 23-years in jail, says lawyer
(July 7, 2005) The contents of President Arroyo’s alleged taped conversation with an election official – believed to be Commission on Elections Commissioner Virgilio Garcillano – could get her as much as 23-years in prison.
Analysts: Army assurance may not mean Arroyo safe
(July 7, 2005) In few countries does an assurance of political neutrality from the military cause as much nervousness as in the Philippines. And with good reason.
Corruption, threat to Nigeria’s democracy, says US envoy
(July 7, 2005) US envoy John Campbell said Nigeria’s anti-graft drive would receive strong support from the US government.
The G-8’s bottom line on helping poor nations
(July 7, 2005) Christian Science Monitor correspondent Mark Rice-Oxley explains why the G-8 is exploring debt relief, aid, and trade to ease the plight of impoverished nations, particularly in Africa.
US works out way to help curb corruption
(July 7, 2005) As part of its contribution to assist Nigeria stamp out corruption in its public life, the United States said it is working out a plan to stop prominent Nigerians facing trial for corruption from entering the US.
President of Philippines fires entire cabinet
(July 7, 2005) Gloria Macapagal Arroyo, president of the Philippines, fired her entire cabinet on Thursday amid reports that some of the secretaries in charge of economic and social departments were planning to quit over allegations of electoral fraud against her in the May 2004 presidential polls.
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