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Saturday, 19 November 2016

Thousands demonstrate against scandal-hit Malaysia PM

Thousands of yellow-clad Malaysians gathered in the capital to demand Prime Minister Najib Razak resign.Edgar/Reuters




Thousands of anti-government protesters marched in Malaysia’s capital demanding the resignation of Prime Minister Najib Razak over his alleged involvement in a multi-billion dollar corruption scandal.
Clad in yellow shirts and unfazed by arrests of activists and opposition leaders, protesters marched on Saturday from various spots towards downtown Lumpur amid tight security.
Najib, who is attending an Asia-Pacific summit in Lima, Peru, has kept an iron grip since graft allegations emerged two years ago involving the indebted 1MDB state fund that he founded. 1MDB is at the center of investigations in the US and several other countries.
The US Justice Department said that at least $3.5 billion had been stolen from 1MDB by people close to Najib and initiated action in July to seize $1.3 billion it said was taken from the fund to buy assets in the US.
The US government complaints also said that more than $700 million had landed in the accounts of “Malaysian Official 1.” They did not name the official, but appear to be referring to Najib.

Friday, 18 November 2016

Trump settles Trump University lawsuits for $25 mn





US President-elect Donald Trump on Friday agreed to pay $25 million to settle lawsuits accusing his now-defunct Trump University of fraud, sparing him the embarrassment of further legal wrangling as he prepares to enter the White House.
A trio of suits brought by former students alleged that the training program — which was not an accredited college or university, but was in operation from 2005 to 2011 — fleeced students by tricking them with aggressive marketing.
Students paid as much as $35,000 to enroll, wrongly believing they would make it big in real estate after being taught by the Manhattan mogul’s hand-picked experts, said the suits brought in New York and California.
Trump’s lawyers had countered for years that many students had given the program a thumbs-up and those who failed to succeed had only themselves to blame.
But, with the president-elect apparently seeking to put the thorny matter to rest as he builds his cabinet, a

Saudi-led coalition to start 48-hour truce in Yemen






A Saudi Arabia-led coalition supporting Yemen’s government against Houthi rebels has declared a 48-hour ceasefire to begin on Saturday, according to local media.
“It has been decided to begin a 48-hour ceasefire from 12:00 noon in Yemen’s timing (0900 GMT) on Saturday,” a coalition statement carried by Saudi’s official SPA news agency said, adding that the truce could be renewed if Houthi fighters and their allies abided by it and allowed aid into besieged cities.
The coalition announcement came after a request for a ceasefire by Yemen’s President Abedrabbo Mansour Hadi, himself based in Riyadh, to Saudi King Salman, the statement said.
“Coalition forces will abide by the ceasefire,” it said, but warned that should the rebels or troops loyal to former president Ali Abdullah Saleh make any military moves in the area the coalition would respond.
The naval and air “blockade” would also remain in place and surveillance jets would continue to fly over Yemen, it added.

Tuesday, 15 November 2016

Africans optimistic despite corruption and economy woes – survey




Most people in three African countries have an optimistic outlook despite continuing anger at corruption and economic woes, a survey has found.
South Africans, Nigerians and Kenyans all say healthcare and education will be better for the next generation.
More than three-quarters also say that young people who want a good life should stay in their countries rather than emigrate, the Pew report found.
The research agency interviewed 3,330 respondents for the study.
Respondents reported high levels of political engagement, with majorities saying that ordinary citizens could influence their governments if they make the effort.
More than half said they had voted in the past year or at some point in the past – roughly the same level as in

President Buhari arrives Marrakech for COP-22





President Muhammadu Buhari has arrived Marrakech, Morocco, to participate in the ongoing 22nd Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC), tagged, COP-22.
This information is contained in the President’s twitter handle.
President Buhari, who left the Nnamdi Azikiwe International Airport, Abuja, on Monday, arrived the Marrakesh Menara Airport in Morocco, some hours later.
While in Marrakech, the President would participate in the official opening of the plenary of the conference on Nov. 15 where he would deliver his national statement during the High Level Segment of COP 22.
A statement earlier issued by the President’s Special Adviser on Media and Publicity, Mr Femi Adesina, said President Buhari would be presenting Presidential address at the conference.
The address, according to the statement, is expected to highlight, among other key issues, Nigeria’s

Sierra Leone govt explains fuel price hike




Sierra Leone’s government is defending a price hike on petroleum products in the country. The government announced last week that it is ending the subsidy of petroleum products, raising the price of a gallon of gasoline, kerosene, diesel and fuel oil.
Under the new measures, pump price for a gallon of gasoline and diesel is up from about 67 cents to about $1.68. Fuel oil is up from about 56 cents to about 90 cents a gallon.
Abdulai Bayraytay, spokesman for Sierra Leone President Ernest Bai Koroma, says removing the fuel subsidy was necessary to address the loss of revenue caused by the Ebola crisis which affected the country’s tourism industry, and the plummeting price of iron ore.
Bayraytay said when the APC government came into power in 2007 its priority was improve the economy to attract direct foreign investment and in turn create employment.
“Thus, we embarked on massive infrastructural development across the country. That, of course created jobs and employment. Thus, the economy was booming. So, during that period, we didn’t feel it was necessary to

Russian minister Alexei Ulyukayev detained over ‘bribe’





Russia’s Economy Minister Alexei Ulyukayev has been detained in connection with an alleged bribe.
Russia’s main anti-corruption body, the Investigative Committee, said Ulyukayev received a payment of $2m.
His ministry had given a positive assessment that led to the oil giant Rosneft acquiring a 50% stake in another oil company, Bashneft. He is the highest-ranking Russian official to be detained since the 1991 coup attempt in what was then the USSR.
“This is about extortion of a bribe from Rosneft representatives accompanied by threats,” Svetlana Petrenko, a spokesperson for the Investigative Committee, told RIA Novosti news agency.

Lethal Cameroon liquor kills 14




Fourteen people have died in eastern Cameroon after consuming a locally brewed liquor, State broadcaster, the Cameroon Radio Television (CRTV), reported.
CRTV said the victims had consumed a drink known locally as odontol.
The residents of seven villages in the municipality of Mindoro, reportedly consumed the liquor after they returned from their farms.
The liver
The eastern Cameroon public health officer, Dr Robert Mathurin Bidjang, said two other people who took the drink were in ‘a critical condition’ at a local government hospital.