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A UK court Thursday ordered Swiss multi-national commodity trading and mining firm Glencore to pay a £280 million ($400 million) fine after a UK Serious Fraud Office (SFO) investigation revealed the company paid over $29 million in bribes to gain preferential access to oil in Africa. Glencore pleaded guilty to seven counts of bribery in [...]

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A Nigerian judge rejected a request from the Nigerian Attorney-General of the Federation (AGF) and Minister of Justice Abubakar Malami the for the extradition of suspended deputy commissioner of police Abba Kyari. Malami requested Kyari be extradited to the US to face fraud charges in connection with Ramon Olorunwa Abbas’ international crime scheme. Justice Inyang [...]

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Nigeria’s National Broadcasting Commission Wednesday fined a group of pay TV service providers 5 million naira each over a BBC report that it said “glorified the activities of bandits and undermines national security in Nigeria.” The National Broadcasting Commission fined the service providers over their carriage of the BBC documentary “Bandits Warlords of Zamfara,” which [...]

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In a June 2022 press conference, the Reserve Bank of India’s (RBI) deputy governor confirmed the government’s plan to adopt Central Bank Digital Currency (CBDC) gradually during fiscal year 2023. This comment was followed by Annual Report 2021–22, released by the RBI, stating CBDC would be introduced into the Indian economy through a three-step approach. [...]

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Human Rights Watch (HRW) Tuesday published a call for India to end its controversial sedition law. The sedition law is a statute from the colonial era when India was controlled by the United Kingdom. According to HRW, the law “remains a powerful tool used by the authorities to criminalise dissent and arrest peaceful critics of [...]

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