South Africa's former leader Jacob Zuma pleaded not guilty on Wednesday to corruption, fraud, racketeering and money laundering charges relating to a $2 billion arms deal when he was deputy president.
A lawsuit against law firm Dechert and the UK Serious Fraud Office (SFO) launched by ENRC, a mining company at the centre of an eight-year British corruption investigation, is the "stuff of conspiracy theories", a London trial heard on Tuesday.
By Reuters Staff
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SINGAPORE, May 24 (Reuters) - Singapore’s Court has accepted a request to freeze up to $3.5 billion of worldwide assets of Lim Oon Kuin and his two children following the collapse of Lim’s oil trading firm Hin Leong Trading Pte Ltd, the company’s liquidators told creditors in an email seen by Reuters.
Court-appointed liquidators of Hin Leong, the Lim family and their lawyers, and the Singapore High Court did not immediately respond to requests for comment on Monday. (Reporting by Anshuman Daga and Jessica Jaganathan; Editing by Himani Sarkar)
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(Reuters) - The Scottish government is facing a new legal challenge over its February rejection of a motion to investigate former U.S. President Donald Trump’s all-cash purchases of two golf courses, reviving an effort to force Trump to disclose how he financed the deals.
FILE PHOTO: U.S. property magnate Donald Trump practices his swing at the 13th tee of his new Trump International Golf Links course on the Menie Estate near Aberdeen, Scotland, Britain June 20, 2011. REUTERS/David Moir
Avaaz, a global human rights group, filed a petition in Scotland’s highest civil court seeking a judicial review of the government’s decision not to pursue an “unexplained wealth order” on Trump’s business. In February, Parliament voted 89-to-32 against the motion, which was brought by the minority Scottish Green Party and would have sought details on the source of the money the Trump Organization used to buy the courses in 2006 and 2014.
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MUMBAI (Reuters) - Indian authorities have opened an investigation into the heads of two leading fertilizer importing companies, alleging they secured commissions from overseas suppliers for inflating the prices of crop nutrient purchases.
The Central Bureau of Investigation (CBI), India’s top crime fighting agency, said late on Wednesday it was investigating U.S. Awasthi, managing director of Indian Farmers Fertilizer Co-operative (IFFCO), and Pravinder Singh Gahlaut, the managing director of Indian Potash Ltd (IPL).
IFFCO is co-operating with the CBI, a company spokesman said. IPL did not respond to Reuters request for comment. Awasthi and Gahlaut did not respond to Reuters requests seeking comment.