Swiss to Return to Nigeria $500 Million Linked to Abacha Regime
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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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Swiss President Joseph Deiss says Bosnia-Herzegovina has made great strides towards returning to normality after being ravaged by ethnic conflict in the 1990s.
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I.B.M., NCR and Hitachi of Japan were named in a court verdict this month in the case of a bank chief convicted of accepting more than $500,000 in bribes.
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PRETORIA -- Sir Mark Thatcher, son of the former British prime minister, avoided jail and agreed to pay a $500,000 fine yesterday after pleading guilty for what he called his unwitting role in a failed plot last year to overthrow the government of Equatorial Guinea, a tiny, oil-rich West African nation long ruled by a dictator.
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Nigeria's ruling party presidential contender is flown abroad for a medical check-up.
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Saudi Arabia will allow former Pakistani prime minister Nawaz Sharif to return to exile in the kingdom after he was deported from Islamabad within hours of his arrival on Monday, a Saudi source said.
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The African Union can quickly mobilise up to 5,000 troops to help end the looting and killing in western Sudan, but it needs hundreds of millions of dollars to deploy the force, Nigerian President Olusegun Obasanjo has said.
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Former Chelsea manager Jose Mourinho is set to receive a huge compensation package after his exit from Chelsea.
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Former South African Deputy President Jacob Zuma is due back in court on corruption charges.
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Exiled former prime minister Nawaz Sharif, the man President Pervez Musharraf deposed, is set to return to Pakistan within days, aides said on Friday, after a deal to end his exile in Saudi Arabia.
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Nigeria agrees a deal for US investment bank Merrill Lynch to take on most of its $500m debt.
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A federal judge in Miami ruled that Manuel Antonio Noriega can be extradited to France, where he faces charges of money laundering.
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The cash-strapped airline Swiss said it had agreed on the terms for a crucial 325 million Swiss franc (210 million euros, 258 million dollars) credit facility with an international banking syndicate.
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JOHANNESBURG, Oct. 22 -- Former Mozambique president Joaquim Chissano on Monday won a $5 million leadership prize that promoters hope will encourage other African heads of state to rule wisely, without overstaying their welcomes.
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NEW YORK, May 31 (IPS) - Africa's robust diaspora in Europe will soon  have an investment facility to help people make  direct  investments to better develop their home countries thanks to a  new study by the  Brussels-based Africa Caribbean Pacific (ACP)  Business Climate (BizClim) facility.
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Secretary-General Kofi Annan said yesterday that the United Nations had received pledges of $500 million to pay for emergency assistance to victims of the south Asia earthquake and tsunami.
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This week the US and Egypt plan to sign a trade agreement worth $500 million annually.