(June 18, 2002) The fate of Africa’s biggest commercial investment hung in the balance yesterday after the World Bank postponed a decision on whether to fill a massive funding shortfall left by the withdrawal of sceptical financiers.
Presidency to Senate: no Abacha money is missing
(June 17, 2002) The presidency has denied that N11.7 billion of the total amount recovered from friends and family of late head of state, General Sani Abacha, was not paid into the looted fund account and is therefore missing.
US lawyer to tackle apartheid profiteering
(June 17, 2002) US attorney Ed Fagan said on Sunday he planned to initiate a class action lawsuit in the US against Switzerland’s two biggest banks and a US bank on behalf of victims of South Africa’s former apartheid regime.
Swiss jeer apartheid claim lawyer
(June 17, 2002) An American claims lawyer who helped to force Swiss banks into a $1.25 billion settlement for Nazi victims had to abandon a news conference because of a hostile crowd.
Banks sued for financing apartheid regime
(June 17, 2002) Swiss and American banks that financed South Africa’s apartheid regime are facing a $50bn (£34bn, €53bn) class action lawsuit brought by a team of lawyers on behalf of the victims of apartheid.
Apartheid sanctions busters slapped with reparations claims
(June 17, 2002) International sanctions-busting banks and companies could be faced with legal claims amounting to billions of rands following legal claims launched on Monday by apartheid victims against institutions which propped up the racist system.
Apartheid victims to launch class action against Swiss banks
(June 16, 2002) An American lawyer representing victims of South Africa’s former Apartheid regime is set to launch a class action against Swiss banks.
Apartheid victims sue Western banks and firms for billions
(June 16, 2002) The American lawyer who won compensation for Holocaust victims is about to launch legal claims for billions of pounds against companies, many of them British, that benefited from apartheid.
Africa’s leaders ‘stole $140bn’
(June 14, 2002) Corrupt African leaders have stolen at least $140bn (£95bn) from their people in the decades since independence, says the Nigerian President, Olusegun Obasanjo.
Crown’s Heads of Arguments – Crown v. Acres
(June 14, 2002) View Report
Big rally against Mekong River plan
(June 13, 2002) More than 12,000 people yesterday voiced their opposition to a controversial inter – government plan to blow up rapids and small isles in the Mekong River.
Transparent Corruption
(June 13, 2002) All over the world, countries that should be rich remain poor. Though blessed with valuable minerals such as oil, diamonds and gold, the ordinary people are mired in poverty while corrupt officials prosper.
Egat to open gates for spawning
(June 12, 2002) The Electricity Generating Authority of Thailand has agreed that the Pak Moon dam sluice gates should be opened during fish spawning season every year.
Landslide threatens Chongqing apartment building
(June 12, 2002) A big landslide that fell into downtown Chongqing last week is still hanging on the hillside just a few metres above a 10-storey apartment building, which is liable to be engulfed at any moment, China News Service (Zhongguo xinwen she) reports.
Second-largest hydropower project to start construction
Work is scheduled to begin on the Xiluodu dam in late December, the vice-governor of Sichuan province has announced.
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