News & Current Affairs

OIL POLLUTER SNARED IN CORRUPTION CRACKDOWN

Sep. 3 (GIN) – A Chinese oil giant with several polluting investments throughout Africa has been targeted in a sweeping anti-corruption drive in China. Four senior managers have already been detained in the investigation.

Wang Youngchun, vice president of the China National Petroleum Corporation (CNPC), is being questioned by Beijing for “gross violations of party discipline,” a standard euphemism for corruption.

Three other CNPC executives were named the next day and resigned from their posts for “personal reasons.” The four men are said to be facing questions about the award of oil exploration projects.

After months of hearings, Ghana’s Supreme Court justices will put to rest, this week, a challenge to the election of 2012, creating a possible scenario of bitter if not violent feuding between the two major parties.

LUXURY LIVING IN LAGOS BUILT WITH WORLD BANK FUNDS FOR THE POOR

Aug. 13 (GIN) – Local officials in Lagos, Nigeria, who accepted a $200 million loan from the World Bank to “increase sustainable access to basic urban services,” are instead creating an unaffordable complex of 1,000 luxury units on the grounds where poor and working people recently lived.

PRESIDENT MUGABE, SAVORING VICTORY, PLANS TAKEOVER OF FOREIGN MINES

Aug 6 (GIN) – Robert Mugabe’s wide lead in the just-ended presidential poll over his long time rival, Morgan Tsvangirai, may have ended a years-long struggle between the two men for the nation’s top spot.