Six years after Justice Marcel Awokulehin sensationally struck out all 170-count charge of money laundering preferred against former governor of Delta State, James Onanefe Ibori by the Economic and Financial Crimes Commission, EFCC, a three-man panel of justices at the Benin Division of the Court of Appeal Thursday ruled that […]

The Central Bank of Nigeria and its suspended governor, Mallam Lamido Sanusi, have asked a Federal High Court in Abuja to dismiss a suit challenging the sale of the defunct Intercontinental Bank Plc. Some shareholders of Intercontinental Bank had filed the suit against the CBN and Sanusi, seeking N10bn as […]

Chinese police on Wednesday said they had charged the former British boss of drugmaker GlaxoSmithKline PLC’s China business and other colleagues with corruption, after a probe found the firm made billions of yuan from elaborate schemes to bribe doctors and hospitals. Mark Reilly and two Chinese executives, Zhang Guowei and […]