Six suspects on the run after US $62,000 heist in Lesotho
MASERU- Six gunmen waylaid a G4 Security van in Teba last Saturday morning, shooting dead one of the guards, before getting away with M496 000 belonging to retail giant, Shoprite.
Occupy Wall Street vs. Kingian Methods
The Occupy Wall Street demonstrations now spreading across the country are encouraging to be sure. It is stated that the Tahrir Square and other demonstrations in the Middle East and North Africa are the model. But it is also a model of the tragic 1989 Tiananmen Square hunger strike by young Chinese activists/students in Beijing. Essentially it is one of being a “leaderless” movement with no concrete demands.
The great billion dollar drug scam
Alongside pneumococcal diseases such as meningitis and pneumonia, rotavirus-related diarrhoea is a primary childhood killer in developing countries, thought to snuff out the lives of 500,000 children each and every year. An overwhelming 85 per cent of these children are African and Asian. The need for medical miracles is as great as ever, but corporate mispricing generates huge profits, while driving up the price of life saving medicines.
Dirty Dictator Loot
Obama talks tough, but the U.S. remains a haven for the ill-gotten gains of bloodthirsty despots. In this week’s Newsweek, Philip Shenon looks at the uncomfortable, often overlooked fact that the U.S. remains as much a haven for the loot of bloodthirsty foreign despots as Switzerland, Dubai, the Cayman Islands, and the other international banking centers that usually take blame for stashing autocrats’ dirty money. THE DAILY BEAST
Standard Bank loses millions in traveller’s cheques scam
STANDARD BANK Namibia has lost more than N$1.2million in fake traveller’s cheque payouts unwittingly made to a cartel of Nigerian and Namibian fraudsters by the bank’s foreign exchange departments in Windhoek, Informanté has established. Documents in Informanté’s possession show that between 9 July 2008 and 18 August 2008, Standard Bank Namibia lost N$1,167,115 after the foreign exchange departments at its Ausspanplatz, Gustav Voigts, Walvis Bay and Windhoek branches cashed thousands of counterfeit traveller’s cheques brought in by the fraudsters.