Tag: British

James Obori Claims 30% Stake In Oando

* Bank report likened Ibori to scion of Kennedy dynasty   * Prosecutor says more assets may still be hidden   * Details of Ibori’s assets revealed at London hearing   Jailed former Nigerian oil state governor James Ibori told a Swiss private bank in 2004 that he owned 30 […]

Oil falls below $115 as UK lawmakers reject Syria attack

* British parliament says no to Syria attack * Unrest in Libya cripples crude output, exports * OPEC oil output falls despite Saudi boost – Reuters survey * Coming up: U.S. CFTC commitment of traders weekly data; 1930 GMT (Updates prices, supply data paragraphs 5,12)     Brent crude oil […]

UK court orders extradition of Credit Suisse exec

A British court has ruled that a former executive of Credit Suisse can be extradited to the United States to face fraud charges. Officials at Westminster Magistrates Court said the extradition order was approved Monday, and now goes to Home Secretary Theresa May for final approval. Kareem Serageldin, a 39-year-old […]