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Nigeria wants return of Abacha assets frozen by US ABUJA: Assets worth $458 million stolen by former Nigerian dictator Sani Abacha and frozen by the United States should ultimately be returned to Nigeria, the country's justice minister said on Wednesday. The US has said the funds held in various European accounts were the "proceeds of corruption" during Abacha's iron-fisted military rule in Africa's most populous country between 1993 and 1998. Nigeria had not previously commented on the asset freeze, which the US Justice Department said was "the largest civil forfeiture action to recover the proceeds of foreign official corruption" it had ever brought.But in a statement, Nigeria's Justice Minister Mohammed Adoke said it applauded "the efforts of the United States to recover the (funds) for the benefit of the people of Nigeria". Adoke said his office was cooperating with Washington's legal efforts against Abacha's relatives and associates, which could result in the permanent forfeiture of all the money. "The ...
Under-funded South Africa military in 'critical decline': review JOHANNESBURG: South Africa's military is in a "critical state of decline" due to chronic under-funding, threatening the country's defence capacity and its ability to take part in peacekeeping missions, a parliament report has warned."The defence force is in a critical state of decline," said the strategic review carried out by a parliament committee and posted on the assembly's website.As a result of funding constraints, the army "is no longer in a position to conduct major ...
Foreign donors maintain Malawi aid freeze BLANTYRE: Foreign donors on Tuesday decided to maintain a freeze on a $150-million aid package imposed on impoverished Malawi in the wake of a high-level corruption scandal last year.The donors from Africa, Europe and various international organisations met to review their earlier decision and agreed that "challenges in public finance management continue to be serious", said the chief of the European Union mission to Malawi, Alexander Baum.International donors, who provide 40 percent of Malawi's budget, ...
Seven killed in restive central Nigeria: police LAGOS: Renewed violence between herdsmen and farmers in central Nigeria has killed seven, police said on Wednesday, just days after a previous attack that claimed 13 lives."We recovered seven bodies following the attack on Agena village yesterday (Tuesday)," Benue state spokesman Daniel Ezeala told AFP by telephone."It was the usual attack by Fulani herdsmen on Tiv farming communities in the state," he said, adding that the police had quelled the violence.Central Nigeria, where the mainly ...
South Africa platinum strike causing 'irreparable' harm JOHANNESBURG: South Africa's platinum producers Monday said a two-month strike was causing "irreparable" damage to the sector, which has to date lost nearly a billion dollars in revenue.The strike over wages which started over eight weeks ago has halted production at the world's top three producers, Anglo American Platinum, Impala Platinum and Lonmin."The extended strike in the platinum belt is unprecedented, and at a stage where some of its impacts are becoming irreparable," the chief ...

 





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