(Jul 4, 2002) Nigeria cannot sustain a trillion-naira budget without major long-term macro-economic distortions, the World Bank’s Chief Economist, Mr. Nick Stern, said yesterday.
Justice Ade-Alabi: witness dies on eve of testimony
(July 4, 2002) Chief Popoola Martins cited as having been sent by Justice Augustine Ade-Alabi to solicit US$10 million bribe died Tuesday, hours before he was scheduled to appear before the Justice Bolarinwa Babalakin panel investigating the allegation.
Police smash fraud syndicate
(July 3, 2002) A fraud syndicate which specialises in ripping diplomatic missions of foreign currencies was yesterday smashed by the police monitoring unit.
Government tightens security around Abacha, Bamaiyi, Mustapha
(July 2, 2002) According to the enhanced measures, intending visitors to the detainees are made to apply in writing along with two passport-sized photographs.
Acres awaits bribery trial ruling
(July 2, 2002) Lesotho judge must decide if payments to Swiss bank account were legitimate.
Lawyers file class action for reparations for SA claimants
(July 2, 2002) Lawyers have filed a class action for reparations against US computer conglomerate IBM and three big German banks Deutsche Bank, Dresdner Bank and Commerz Bank.
Where’s the money gone?
(July 1, 2002) Argentina’s plight has lessons for the West: It’s not how much aid you give, it’s who you give it to.
Vietnam: Swedish involvement in dam that will hit Cambodians
(July 1, 2002) Vietnam has started construction of a second dam, 20 kilometres downstream of the devastating Yali Falls dam.
German banks, IBM hit with apartheid lawsuit
(July 1, 2002) Three German banks and U.S. computer giant IBM were to be added on Monday to a class action suit seeking huge sums in reparations for victims of South Africa’s apartheid regime, a lawyer for the case said.
Apartheid victims target IBM, banks
(July 1, 2002) Apartheid victims will launch lawsuits demanding billions of dollars of compensation from US computer giant IBM and three German banks accused of profiteering in white-ruled South Africa, their lawyers said on Monday.
The end of swag?
(July 1, 2002) Until recently, Europeans could pay off foreign officials and write it off as a tax deduction. Now they’re joining a rich-nation front with high hopes of rolling back the global culture of corruption.
A tale of two scientists
Water engineer Zhang Guangdou’s support for China’s big dams ensured a smooth career, capped now by a million-yuan prize. Huang Wanli, meanwhile, spoke out about the projects’ risks, and endured harsh punishment.
Sociologists before geologists?
Oil companies don’t choose the easiest places to practise social responsibility.
The Canadian connection
(June 27, 2002) A corruption trial in Lesotho should be forcing Canadian agencies to re-examine their relationships with firms that engage in bribery. Instead, the indifference it is being greeted with indicates little has changed.
IMF fails to back Nigeria claim
(June 26, 2002) The IMF, which agreed with Nigeria to end formal ties earlier this year, has declined to confirm a claim by Olusegun Obasanjo, the country’s president, that the relationship between the two parties would resume in October.
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