Swiss to return Nigeria&#39;s $500m Abacha loot
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Zurich - $500-million siphoned into Swiss banks by Nigeria&#39;s former dictator Sani Abacha will be returned to the oil-rich African country, Switzerland&#39;s Federal Office of Justice said on Wednesday.
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A valuable collection of Swiss watches is found in France shortly after being stolen from a museum in Switzerland.
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Swiss authorities have ruled that nearly $500 million in bank accounts tied to former Nigerian dictator Sani Abacha is of criminal origin and should be returned to Nigeria&#39;s government.
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Switzerland on Wednesday returned to Taiwan 34 million dollars out of a total 520 million dollars (391 million euros) frozen in Swiss banks following a giant corruption scandal involving the sale of French frigates to Taipei.
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Swiss Re, the world's second-largest reinsurer, said it expects its losses from the tsunamis that devastated Indian Ocean coastal areas will remain below 100 million Swiss francs (US$88.2 million). The claims ...
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Italian businessman Ottavio Quattrocchi, wanted in India in a kickback scandal involving a 1.3-billion-dollar deal for Bofors guns from Sweden, is in custody in Argentina, reports said Saturday.
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Switzerlandâs troubled national airline says it has secured an agreement in principle with an international banking syndicate for a SFr325 million ($258 million) credit facility.
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BHP Billiton, the world&#39;s biggest miner, will buy back as much as A$1.5 billion ($1.6 billion) of its Australian stock as part of a plan to return profit from soaring commodity prices to investors.
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British auction house Christie&#39;s agreed Tuesday to pull from auction a letter written by Mahatma Gandhi shortly before his death, and return it to the Indian government, it said in a statement.
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Credit Suisse Group aims to launch a  share buyback worth up to 6 billion Swiss francs ($5 billion)  after fourth-quarter net profit rose a better-than-expected 22  percent, the bank said on Thursday.
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CAPE TOWN A $275000 payment allegedly made by British businessman Mark Thatcher to one of the alleged mercenaries involved in the Equatorial Guinea attempted coup bid is set to be one of the key aspects of his pending trial.
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The Swiss government has extended a freeze on $6.2 million in bank accounts linked to the former Haitian dictator Jean-Claude "Baby Doc" Duvalier, an official said Friday.
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Swiss pacifists are demanding an end to arms exports and today released a flight of doves outside parliament in the capital, Berne, to draw attention to a call for a ban on arms exports. The action coincided with the handing-in of signatures for a people's initiative which will give the Swiss voters the final say on the issue.  The backers of the initiative chose World Peace Day to hand in 109,000 signatures they collected, and celebrated with a flag-waving rally on Parliament Square. "Swiss weapons kill - worldwide" the authors of the initiative say. They want to outlaw the export and transfer of all military material, including technology that can be used for the development, production and use of weapons.
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Swiss Reinsurance Co., the world&#39;s second-largest reinsurer, expects its claims from the Asian tsunami disaster to total less than 100 million francs ($88 million).
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The Nigerian government cancels another sale of a state company carried out under former President Obasanjo.
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An Ethiopian national treasure, the ancient Axum Obelisk that was plundered by Italian fascist invaders in 1937, will be returned by Rome in April, Italy's Foreign Ministry said on Thursday.
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A UN scheme to get Bosnians to trade in their illegal weapons for lottery tickets finishes.