25th November 2018
NIGERIAN AUTHORITIES MOVE TO TACKLE CORRUPTION AT SEAPORTS
Al Jazeera on 25th November reported that owing to corruption and other issues, Nigeria is losing about $2.8 billion annually to competitors. Despite some improvements, its ports are still considered some of the worst in the world because of delays, corruption and a lack of infrastructure.
BUSINESSMAN JAILED IN SWITZERLAND FACES FURTHER LEGAL ACTION IN IRELAND
The Irish Times on 25th November reported that Peter Conlon was jailed for 3 years for embezzlement in Switzerland. As 2 years of the sentence were suspended, and he has been in jail since his arrest in December, he is scheduled to be released before Christmas. He had pleaded guilty to using almost €4 million that was intended for charities to fund his technology company. The newspapers says that this means he will now be available for a February hearing in Dublin connected to the liquidation of Pembroke Dynamic Internet Services, a company connected to his Ammado operation in Switzerland. About 800 charities are believed to have been affected by the collapse of Ammado, which employed fewer than 20 staff in Dublin, Czech Republic and Serbia.