By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Wednesday said Switzerland has supported it with $4.0 million on capacity development. Nemat Shafik, Deputy Managing Director of the IMF and Ambassador Beatrice Maser Mallor, Head of Economic Cooperation and Development of Switzerland’s State Secretariat for Economic Affairs […]
Tag: Switzerland
Dangote to chair World Economic Forum
President, Dangote Group, Aliko Dangote, has been appointed a co-chair of next year’s annual meeting of the World Economic Forum in Davos-Kloster, Switzerland. The Executive Chairman, World Economic Forum, Prof. Klaus Schwab, in a letter inviting the business mogul to co-chair the sitting, said the WEF was of the belief […]
Swiss banks apologize for assisting tax cheats
Switzerland‘s banks on Tuesday issued an unusually direct apology for their role in helping tax cheats, following a landmark settlement with U.S. authorities which could threaten the existence of some firms. The banks do not know the ultimate cost of a government settlement to a long-running U.S. drive to pierce […]
